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621 Baltimore St 5,426 SF 100% Leased Office Building Plainview, TX 79072 $203,700 CAD ($37.54 CAD/SF)



Investment Highlights
- Downtown location
- Land/Office for sale
Executive Summary
This single-story office property at 621 Baltimore Street offers an attractive opportunity for investors or owner-users seeking a well-located asset in the heart of downtown Plainview. Spanning 5,426 square feet on a 0.24-acre lot, the building is currently 100% leased and features multiple tenant occupancy, providing immediate income stability. Constructed in 1959, the property is classified as a Class C office building and includes seven on-site parking spaces, ensuring convenience for tenants and visitors.
The site benefits from its central location within Plainview’s business district, offering proximity to local government offices, retail, and service amenities. With a building FAR of 0.52 and a typical floor size matching the total building area, the layout supports efficient use for professional services, administrative functions, or small business operations.
Offered at $150,000, this property represents a cost-effective acquisition with a price per square foot well below replacement cost. Investors can capitalize on the property’s established tenancy and explore long-term value through operational enhancements or future repositioning. Its downtown setting ensures visibility and accessibility, making it a practical choice for businesses seeking a presence in the Plainview market.
The site benefits from its central location within Plainview’s business district, offering proximity to local government offices, retail, and service amenities. With a building FAR of 0.52 and a typical floor size matching the total building area, the layout supports efficient use for professional services, administrative functions, or small business operations.
Offered at $150,000, this property represents a cost-effective acquisition with a price per square foot well below replacement cost. Investors can capitalize on the property’s established tenancy and explore long-term value through operational enhancements or future repositioning. Its downtown setting ensures visibility and accessibility, making it a practical choice for businesses seeking a presence in the Plainview market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,426 SF
Building Class
C
Year Built
1959
Price
$203,700 CAD
Price Per SF
$37.54 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,426 SF
Building FAR
0.52
Lot Size
0.24 AC
Parking
7 Spaces (1.29 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12632 | Improvements Assessment | $151,175 CAD |
| Land Assessment | $7,842 CAD | Total Assessment | $159,018 CAD |
Property Taxes
Parcel Number
12632
Land Assessment
$7,842 CAD
Improvements Assessment
$151,175 CAD
Total Assessment
$159,018 CAD
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621 Baltimore St
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