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Tahoka Activity Center 1121 Avenue L 8,200 SF Industrial Building Tahoka, TX 79373 $312,181 CAD ($38.07 CAD/SF) 16% Cap Rate
Investment Highlights
- Large Footprint
- Ample Parking
Executive Summary
8,200 SF metal building
Nearly 1 acre
Formerly used as an event center
Historically rented at $1,500 per event
Additional income from cleaning and trash fees
Large lot with parking / outdoor area
Flexible potential for multiple commercial us
Nearly 1 acre
Formerly used as an event center
Historically rented at $1,500 per event
Additional income from cleaning and trash fees
Large lot with parking / outdoor area
Flexible potential for multiple commercial us
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$49,949
|
$6.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,949
|
$6.09
|
| Taxes |
$4,715
|
$0.57
|
| Operating Expenses |
$2,081
|
$0.25
|
| Total Expenses |
$6,796
|
$0.83
|
| Net Operating Income |
$43,153
|
$5.26
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $49,949 |
| Annual Per SF | $6.09 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,949 |
| Annual Per SF | $6.09 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,715 |
| Annual Per SF | $0.57 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,081 |
| Annual Per SF | $0.25 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,796 |
| Annual Per SF | $0.83 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $43,153 |
| Annual Per SF | $5.26 |
Property Facts
| Price | $312,181 CAD | Lot Size | 1.00 AC |
| Price Per SF | $38.07 CAD | Rentable Building Area | 8,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 16% | Year Built | 1975 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | F1 - Commercial Real Property | ||
| Price | $312,181 CAD |
| Price Per SF | $38.07 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 16% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 8,200 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | F1 - Commercial Real Property |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11033 | Total Assessment | $178,975 CAD (2025) |
| Land Assessment | $7,674 CAD (2025) | Annual Taxes | $4,715 CAD ($0.57 CAD/SF) |
| Improvements Assessment | $171,301 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
11033
Land Assessment
$7,674 CAD (2025)
Improvements Assessment
$171,301 CAD (2025)
Total Assessment
$178,975 CAD (2025)
Annual Taxes
$4,715 CAD ($0.57 CAD/SF)
Tax Year
2026
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Tahoka Activity Center | 1121 Avenue L
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