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Lubbock Warehouse Investment Opportunity

702 E 34th St Lubbock, TX 79404

702 E 34th St, Lubbock, TX, 79404
$1,565,750
For Sale
Claim this Listing
$1,565,750

Two-property investment with warehouse, office space, and rail access.

Property Size32,315 SF
Price / SF$48.45
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 1:34 pm

Property Features for 702 E 34th St

General Information

Standard status
Active
Size
32,315 SF
Property subtype
Industrial

Building Details

Year Built
1972

Listing office NAI Wheelhouse

Listing date Nov 21, 2025

Source Naiglobal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI Wheelhouse


Investment Insights

Based on property information with market context.

This two-property investment opportunity in Lubbock, TX, offers an 8.5% CAP rate. The properties are situated on 2 acres along 34th Street and feature expansive warehouse and office space. Fenced yards and easy trucking access are present. Rail access adds logistical value. The property, totaling 32315 square feet, is priced below replacement cost and presents a value-add opportunity with below-market rents.

Key Highlights

  • High 8.5% CAP Rate Investment Opportunity
  • Below‑Market Rents Present Value‑Add Opportunity
  • Priced Below Replacement Cost

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lone Star Bearing Auto Parts Store

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Law Firm Pharmacy Nail Salon Gym & Fitness Center Skin Care Clinic Parking Lot & Garage

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

Similar Off Market Nearby

  • West Texas Cotton Warehouse — 2222 Avenue A, Lubbock, TX 79404
  • Lubbock Compress — 2411 Avenue E, Lubbock, TX 79404
  • Downtown Self Storage — 514 23rd St, Lubbock, TX 79404
  • Hart Moving & Storage Inc. — 3615 Magnolia Ave, Lubbock, TX 79404

FAQs

What type of property is this?
Warehouse - Two-property investment with warehouse, office space, and rail access.
Where is this warehouse located?
The property is located at 702 E 34th St Lubbock, TX.
What is the asking price?
The asking price for this property is $1,565,750.
What are key features of this property?
This property features: High 8.5% CAP Rate Investment Opportunity; Below‑Market Rents Present Value‑Add Opportunity; Priced Below Replacement Cost
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