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$48,020

NAL Estimated Property Value

502 N 4th Street, Lamesa, TX, 79331

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths1,200 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Other, Wood

Exterior

Lot Size21,649 sqft

Land Information

APN6703
Land UseCommercial
Legal DescriptionSEC 6 BLK 35T5N ABST 516 .52 AC 97X 235 SIMPSON TRACT (MARGIES FLOWERS)
Census Tract950401
Assessed Land Value$20,080
Assessed Improvement Value$30,110
Assessment Year2025

About this property

Margie's is a well established florist, nursery, and garden center located in the heart of Lamesa, Tx. Owner has done many updates, improvements, and additions taking this business to the next level. Real estate includes showroom/gift store with display cooler, design area, 2 walk-in coolers, gift wrapping and soap making stations, kitchenette, office, Garden Center, 2 greenhouses, storage buildings. Vacant lots included with this sale offer potential for expansion. Most business equipment and inventory to be transferred with sale. Contact listing agent for more details. *Pictures are reference only and do not depict exact inventory, plants, equipment, etc.

Investor Tools

Property Icon
$48,020
Estimated Property Value
$0Estimated Mortgage Balance
$48,020Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,339
$48,020
2025
$20,080
$30,110
$50,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,339
$48,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$48,020
100%
0%
$0/mo

City: Lamesa

502 N 4th Street | Property Details | No Agent List