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    9505 Highway 87 Lubbock, TX 79423

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    For Lease
    $850 /Mo ($6 SF/Yr)

    Flex spaces with secure access and convenient highway location.

    Property size:
    1,500 SF
    Lot size:
    17.64 Acres

    Property Features for 9505 Highway 87

    General Information

    Size
    1,500 SF
    Lot size
    17.64 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

    Industrial Units for Lease

    Available for lease are units of 1500 and 2700 square feet. The property features 24-hour secure gate access, a 14 ft overhead door, and a private bathroom in each unit. The monthly rent includes water, sewer, and trash charges. Tenants are responsible for their own electricity bill, provided by South Plains Electric. Leases are for 12 months. The property is conveniently located on the east access road of Highway 87, between 82nd and 98th Street in the South I-27 Industrial Park, offering quick access to all parts of the city via I-27 and Loop 289.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SalasPaintAndBody Auto Body Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.844596
    Latitude
    33.498594

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    FAQs

    What type of property is this?
    Flex space - Flex spaces with secure access and convenient highway location.
    Where is this flex space located?
    The property is located at 9505 Highway 87 Lubbock, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location with quick access to I-27 and Loop 289.; - 24-hour secure gate access.; - Monthly rent includes water, sewer, and trash charges.
    (806) 787-4779
    Request Owner's contact information
    9505 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
    9505 Highway 87 Lubbock, TX 79423
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