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Lamesa, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lamesa, Texas Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Lamesa TX Properties: 5.1500%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Lamesa TX

Common questions from investors exploring commercial real estate in Lamesa TX.

What's the overall investment potential of Lamesa, TX, considering its demographics and economy? +
Lamesa's population of 9,337, with a median age of 35.1 and median household income of $39,343, presents a stable market. The poverty rate of 22.4% is somewhat concerning, but the 81.2% health insurance coverage and low average commute time of 13.4 minutes suggest a relatively stable workforce, making it an interesting investment opportunity.
How does the ethnic diversity and industry mix in Lamesa impact real estate demand? +
The city's diverse population, with top ethnicities including White (37.6%), Hispanic (32.3%), and White Non-Hispanic (16.8%), contributes to a vibrant community. The presence of key industries like Transportation & Warehousing, and Professional, Scientific, & Management services, indicates a strong demand for housing, particularly for workers in these sectors, which can influence rental yields and property appreciation.
What are the implications of Lamesa's housing market and quality of life for real estate investors? +
With a median property value of $52,700 and a homeownership rate of 69.9%, Lamesa's housing market offers relatively affordable investment options. The average commute time of 13.4 minutes and health insurance coverage of 81.2% contribute to a high quality of life, which can attract tenants and support long-term rental income stability, making it an attractive option for investors.
How does the income inequality and poverty rate in Lamesa affect tenant quality and property management? +
The GINI coefficient of 0.462 indicates moderate income inequality, and the poverty rate of 22.4% suggests that some tenants may face financial challenges. However, the 81.2% health insurance coverage and low average commute time of 13.4 minutes are positive indicators of employment stability, which can mitigate some of the risks associated with tenant quality and property management.
What role do foreign-born residents and top industries play in shaping Lamesa's real estate investment landscape? +
The foreign-born rate of 23.1% contributes to the city's cultural diversity and potentially influences housing demand. The top industries, including Transportation & Warehousing, and Finance & Insurance, indicate a need for housing that can accommodate workers in these sectors, which can drive demand for certain types of properties, such as apartments or single-family homes, and impact local real estate investment strategies.

Lamesa TX Real Estate & City Facts

Key facts and real estate information about Lamesa TX.

What are some of the best neighborhoods to live in Lamesa? +
Some of the best neighborhoods to live in Lamesa include the areas around North Big Spring Street, Cuthbert Drive, and North Lamesa Street. These neighborhoods offer affordable options with homes situated in a vibrant area located in the quaint town of Lamesa.
What are some fun things to do in Lamesa? +
There are several fun things to do in Lamesa, including visiting the Dal Paso Museum, playing a round of golf at the Lamesa Municipal Golf Course, and catching a movie at the Sky-Vue Drive-In Theatre. You can also explore the town's shops and restaurants, such as Sissy's Dive and Twisted Root Burger.
What is the food scene like in Lamesa? +
The food scene in Lamesa is diverse and offers a range of options, including Mexican, American, and seafood. Some popular restaurants include Twisted Root Burger, Sissy's Dive, and La Mesa Restaurant. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Lamesa? +
The pros of living in Lamesa include its small-town charm, affordable housing options, and vibrant community. However, some cons include the limited job opportunities and entertainment options compared to larger cities. Additionally, the town's economy is largely based on farming and oilfield work, which can be affected by industry fluctuations.
Is Lamesa a good place to live? +
Lamesa can be a good place to live for those who value a small-town lifestyle and are looking for affordable housing options. The town has a strong sense of community and offers a range of outdoor activities and local events. However, it may not be the best fit for those who are looking for a more urban lifestyle or a wider range of job opportunities.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Lamesa TX Commercial Property: $39,343

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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