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$463,040

NAL Estimated Property Value

1400 S 8th Street, Lamesa, TX, 79331

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths8,600 Sq Ft
price_per_sqft$35.81 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Other

Exterior

Lot Size41,992 sqft

Land Information

APN2669
Lot Number1-4
Land UseOther / Unknown
Legal DescriptionLOTS 1-2-3-4 BLK 4 HILLCREST ADDN
Census Tract950500
Assessed Land Value$13,440
Assessed Improvement Value$449,600
Assessment Year2025

About this property

Bring your ideas and vision! This beautiful and unique religious facility offers significant potential, whether for continued or repurposed use. The range of use possibilities could be a Day Care, Private School, Funeral Home, Recreational Facility, or Venue/Events Center just to name a few. This facility has a large auditorium, stage, and balcony; a kitchen, fellowship hall, large open flex space, administrative office, nursery, and upstairs classrooms. Building is offered as-is and sound/speaker equipment, seating, tables, TV's and security cameras convey with property. Let this beautiful building serve as a canvas to transformation, or be the perfect space for the growing church with needs for expansion. Come see this remarkable building today!

Investor Tools

Property Icon
$463,040
Estimated Property Value
$0Estimated Mortgage Balance
$463,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$463,040
2025
$13,440
$449,600
$463,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$463,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$463,040
100%
0%
$0/mo

City: Lamesa

1400 S 8th Street | Property Details | No Agent List