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    10710 County Road 2500 Lubbock, TX 79404

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    Pending
    $792,000

    COMMERCIAL - Lubbock, TX

    Property size:
    7,200 SF
    Lot size:
    1.16 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    77
    Last Refresh:
    May 7 at 10:06 am

    Property Features for 10710 County Road 2500

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Fencing
    Fenced
    Standard status
    Pending
    Size
    7,200 SF
    Lot size
    1.16 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2026
    Flooring type
    Concrete
    Building materials
    Metal Siding, Spray Foam Insulation, Steel Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Kylee Garcia

    Listing agent Kylee Garcia License #0725691

    Listing office McDougal, REALTORS 1500 Broadway, Suite 1400, Lubbock, TX

    Listing date Feb 19, 2026

    MLS# 202602276

    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.

    HighLights

    • New construction (2026) industrial property on 1.1 acres.
    • 7200 sq ft shop with 4 oversized drive‑through overhead doors and a secure metal stackyard.
    • 6000 sq ft of spray‑foam insulated warehouse space with 4, 16x16 drive‑through overhead doors.
    • 1200 sq ft of professional office space with 3 private, heated/cooled offices and 2 bathrooms.
    • Fully enclosed stackyard with metal fencing.
    • Durable construction with metal siding, steel frame, and metal roof.

    Overview

    Versatile New Construction Industrial Property

    This new construction industrial property provides a workspace with an office layout on 1.1 expansive acres. It features a 7200 sq ft shop and 1200 sq ft of office space, thoughtfully designed with three private, heated and cooled offices and two bathrooms, including one located directly in the shop. There is 6000 sq ft of spray-foam insulated warehouse space. The property includes four oversized drive-through overhead doors and a fully enclosed stackyard with metal fencing, providing room for equipment, vehicles, or outdoor storage. The entrance features an oversized metal door. The property is located in Lubbock, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Electrical Service Electronics & Wireless Store Computer & Electronic Repair Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.819886
    Latitude
    33.497344

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    FAQs

    What type of property is this?
    Flex space - Industrial property with office space and secure outdoor storage.
    Where is this flex space located?
    The property is located at 10710 County Road 2500 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $792,000.
    What are key features of this property?
    This property features: New construction (2026) industrial property on 1.1 acres.; 7200 sq ft shop with 4 oversized drive‑through overhead doors and a secure metal stackyard.; 6000 sq ft of spray‑foam insulated warehouse space with 4, 16x16 drive‑through overhead doors.
    (806) 777-1424
    We can help!
    Listing Contact
    Kylee Garcia
    Real Estate License ID: 0725691
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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