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Tahoka Activity Center 1121 Avenue L 8,200 SF Industrial Building Tahoka, TX 79373 $318,397 CAD ($38.83 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 |
$50,944
|
$6.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,944
|
$6.21
|
| Taxes |
$4,809
|
$0.59
|
| Operating Expenses |
$2,123
|
$0.26
|
| Total Expenses |
$6,931
|
$0.85
|
| Net Operating Income |
$44,012
|
$5.37
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $50,944 |
| Annual Per SF | $6.21 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $50,944 |
| Annual Per SF | $6.21 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,809 |
| Annual Per SF | $0.59 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,123 |
| Annual Per SF | $0.26 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,931 |
| Annual Per SF | $0.85 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $44,012 |
| Annual Per SF | $5.37 |
Property Facts
| Price | $318,397 CAD | Lot Size | 1.00 AC |
| Price Per SF | $38.83 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 | $318,397 CAD |
| Price Per SF | $38.83 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 | $182,250 CAD (2025) |
| Land Assessment | $7,815 CAD (2025) | Annual Taxes | $4,809 CAD ($0.59 CAD/SF) |
| Improvements Assessment | $174,435 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
11033
Land Assessment
$7,815 CAD (2025)
Improvements Assessment
$174,435 CAD (2025)
Total Assessment
$182,250 CAD (2025)
Annual Taxes
$4,809 CAD ($0.59 CAD/SF)
Tax Year
2026
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Tahoka Activity Center | 1121 Avenue L
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