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    1331 19Th St Lubbock, TX 79403

    Sponsored
    For Sale
    $525,000

    36,655 SF Distribution Center, Lubbock, TX

    Property size:
    36,655 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    348
    This exceptional 36,655-square-foot distribution warehouse in Lubbock, Texas, presents a compelling investment opportunity at an asking price of $525,000. Situated on a 1.86-acre lot, this industrial property is zoned Heavy Commercial (HC), offering significant flexibility for various uses. The building boasts four distinct warehouse sections and a substantial office area, catering to diverse operational needs. Convenient access is provided by a dock-high loading area on the south/southwest end and two grade-level doors leading to a fenced stack lot on the east side. Ample off-street parking is available for both employees and customers. The property features high ceilings, enhancing storage and operational efficiency. While the roof requires replacement, this presents a unique opportunity for the buyer to customize the roofing system to their specific requirements. The reduced asking price reflects the need for roof replacement, allowing for significant cost savings and customization. This prime location in Lubbock, Texas, at 1331 E 19th St, zip code 79403, offers excellent accessibility and visibility. Don't miss this chance to acquire a well-positioned distribution center in a thriving Texas market.

    Property Features for 1331 19Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    36,655 SF
    Lot Size
    81,022 SF

    HighLights

    • $525,000 asking price for this industrial distribution warehouse.
    • 36,655 square feet on a 1.86‑acre lot.
    • Located at 1331 E 19th St, Lubbock, TX 79403, zoned HC (Heavy Commercial).
    • Features four warehouse sections, a large office area, one dock‑high door, and two grade‑level doors.
    • Needs roof replacement; pricing reflects this.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8214254
    Latitude
    33.5789174

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    FAQs

    What type of property is this?
    Distribution property - 36,655 SF Distribution Center, Lubbock, TX
    Where is this distribution property located?
    The property is located at 1331 19Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price for this industrial distribution warehouse.; 36,655 square feet on a 1.86-acre lot.; Located at 1331 E 19th St, Lubbock, TX 79403, zoned HC (Heavy Commercial).
    Request Owner's contact information
    1331 19Th St Lubbock, TX 79403
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    Lubbock, TX 79403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1331 19Th St Lubbock, TX 79403
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