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    10101 Highway 87 Lubbock, TX 79423

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    For Sale
    $999,000

    Well-maintained industrial/office complex with flexible workspaces and high-clearance warehouse.

    Property size:
    17,823 SF
    Lot size:
    1.42 Acres

    Property Features for 10101 Highway 87

    General Information

    Size
    17,823 SF
    Lot size
    1.42 Acres

    Source: The Powell Group Agent David Powell, CCIM

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

    Overview

    Industrial/Office Complex with Upscale Finishes

    This well-maintained industrial/office complex offers a combination of features, including multiple overhead doors with drive-thru capability and segmented workspaces. It also includes an upscale office section characterized by premium finishes such as sconce lighting, large conference rooms, and versatile layouts that can be easily reconfigured to suit user needs. The property also features a newer rear warehouse with high-clearance ceilings reaching up to 24 feet at the center and 20 feet at the sidewalls. This warehouse includes two smaller overhead doors and a secure 10-foot fenced yard. The property is suitable for almost any use. The adjacent property at 9909 Hwy 87 is also available for sale. The property has a total size of 17823 square feet and is located in Lubbock, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

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

    Similar Places Nearby

    Woodrow Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.843753
    Latitude
    33.502925

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    FAQs

    What type of property is this?
    Warehouse - Well-maintained industrial/office complex with flexible workspaces and high-clearance warehouse.
    Where is this warehouse located?
    The property is located at 10101 Highway 87 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Multiple OH Doors with Drive-Thru Ability; - High-Clearance Ceilings (up to 24’ center, 20’ sidewalls) in Newer Rear Warehouse; - Upscale Office Section with Premium Finishes
    (806) 239-0804
    Request Owner's contact information
    10101 Highway 87 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
    10101 Highway 87 Lubbock, TX 79423
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