6811 Martin Luther King Junior Boulevard Lubbock, TX 79404
COMMERCIAL - Lubbock, TX
Property Features for 6811 Martin Luther King Junior Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Chain Link
- Standard status
- Active
- APN
- R28777
- Size
- 2,448 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- BARTOS N100'OF L 3 & BLK E SEC 6 TR 8H
- Tax Annual Amount
- 1214
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1966
- Building materials
- Brick, Metal Siding, Steel Frame
- Roof type
- Metal
Listing agent Rachel Smith License #0779879 (806) 392-6839
Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX (806) 771-7710
Listing date Dec 10, 2025
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime industrial flex space with office, shop, warehouse, and covered storage.
- 2,448 sq ft of upgraded, fully conditioned office space.
- Functional 1,122 sq ft shop area with 10' manual double garage door.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $18.60 |
| − Vacancy | −$3.6k | −$1.49 |
| EGI | $41.9k | $17.11 |
| − OpEx | −$14.7k | −$5.99 |
| NOI | $27.2k | $11.12 |