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$255,000

111 E 28th Ave, Pampa, TX, 79065

On MarketInfo
CommercialInfo
Baths1,780 Sq Ft
price_per_sqft$143.26 / sqft
Year BuiltBuilt in 1953

Highlights

Interior

Garage AvailableGarage Available
FlooringVinyl

Exterior

Lot Size26,877 sqft

Building Information

Year Built1953
Garage Spaces1

Land Information

APN110302800730020000000
Lot Number3-5
Land UseCommercial
Legal DescriptionLOTS 3-5 & W35 OF 2 BLK 73 FRASER AN #3
Census Tract950300
Assessed Land Value$15,090
Assessed Improvement Value$62,850
Assessment Year2025

About this property

Professional presence meets everyday functionality in this 1,780 sq ft commercial space featuring 4 offices, 2 bathrooms, a welcoming lobby, and a comfortable receptionist area designed to serve clients with ease. The main office offers a fireplace, private entrance, and covered carport parking just steps away for those late work nights. Luxury vinyl plank flooring, large windows throughout, and abundant natural light create an inviting work environment. The kitchen area features tile backsplash, ample cabinetry, and generous counter space. Situated on 3 city lots, over half an acre with 215' of frontage, including an additional vacant lot for future investment. Designed to make a strong first impression while supporting day-to-day efficiency, the layout offers flexibility for a variety of professional uses including medical, dental, retail, or office space. Thoughtful interior updates include hand-textured walls, updated lighting, recessed lighting, and ceiling fans throughout. Large windows fill the space with natural light, creating a comfortable and productive work environment. Additional features include a metal roof, stucco front facade for low-maintenance curb appeal, sprinkler system, marquee signage, central heat and air, handicap access ramp, and dedicated storage room for organization. Recent exterior improvements include concrete parking, curb, and sidewalk enhancements designed to better serve clients and guests. The property spans three city lots with 215' of frontage and includes an additional vacant lot to the east, offering future expansion or investment potential. Outside, you'll find a detached one-car garage with attached storage, plus an additional CMU building for even more storage options. The fenced backyard with metal privacy fencing and double gate provides flexibility for equipment, trailers, or a private outdoor space. Nearby established national retailers including Hobby Lobby, Tractor Supply Co., and Ollie's Bargain Outlet, and Wal Mart the location captures steady cross-shopping traffic and consistent daily activity. As a regional hub, Pampa draws visitors from surrounding communities, further supporting ongoing exposure and business opportunity. Located just off Hwy 70 with an annual average daily traffic count of over 10,000 vehicles. Near Hampton Inn and Pampa Regional Medical Center, this property benefits from excellent accessibility, visibility, and a strong surrounding commercial presence. Served by City water and sewer. Move-in ready with the space, visibility, and flexibility to support your business now and into the future--all the hard work is done here, move in and watch your business soar.

Investor Tools

Property Icon
$77,940
Estimated Property Value
$0Estimated Mortgage Balance
$77,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Tisha Calhoun

Lonestar Home & Land Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,975
$77,940
2025
$15,090
$62,850
$77,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,975
$77,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$77,940
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pampa

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111 E 28th Ave | Property Details | No Agent List