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    5505 132Nd St Lubbock, TX 79423

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    For Sale
    $5,500,000

    Warehouse with office, kitchen, and quick Loop 88 access.

    Property size:
    39,970 SF
    Lot size:
    2.02 Acres

    Property Features for 5505 132Nd St

    General Information

    Size
    39,970 SF
    Lot size
    2.02 Acres

    Source: Coldwell Banker Commercial Capital Advisors Agent Jef Conn CCIM SIOR

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

    Overview

    Lubbock Warehouse with Office Space

    This southwest Lubbock warehouse, currently home to TexStar Athletics, is available for sale and suitable for repurposing. The property could be transformed into an office/warehouse complex, corporate headquarters, or distribution warehouse. Built in 2017, the main building features 23,980 square feet. An attached building, added in 2022, houses a 14,990-square-foot kitchen/restaurant area with an upstairs viewing area and additional spaces currently used as a kids area. These spaces can be repurposed into professional office space and a large warehouse. Located at 132nd & Chicago Ave, just south of the new outer Loop 88, the property provides quick access to all parts of Lubbock.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Little Creek at TexStar Children'S Camp TexStar Adventure Playhouse Indoor Playground The Watering Hole at TexStar Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Soldier Strong Moving Airborne Elite Moving, A-Plus Shop Rentals

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9323767
    Latitude
    33.4740574

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    FAQs

    What type of property is this?
    Warehouse - Warehouse with office, kitchen, and quick Loop 88 access.
    Where is this warehouse located?
    The property is located at 5505 132Nd St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Large, modern facility: 23,980 sq ft main building (built in 2017) plus 14,990 sq ft attached building (added in 2022).; - Excellent location: 132nd & Chicago Ave, just south of Outer Loop 88, providing quick access to all parts of Lubbock.; - Fully conditioned (heat and air) warehouse space.
    (806) 787-4779
    Request Owner's contact information
    5505 132Nd St Lubbock, TX 79423
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    Lubbock, TX 79423
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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
    5505 132Nd St Lubbock, TX 79423
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