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    1627 County Road 7340 Lubbock, TX 79423

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    For Sale
    $1,077,000

    Newly built, fully occupied industrial building with long-term lease.

    Property size:
    5,828 SF
    Lot size:
    1.64 Acres

    Property Features for 1627 County Road 7340

    General Information

    Size
    5,828 SF
    Lot size
    1.64 Acres

    Source: Paul Johnson & Associates Agent Erik Paul Johnson

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

    Overview

    Lubbock Industrial Investment Opportunity

    The property at 1627 County Road 7340, Lubbock, TX, presents an industrial, warehouse, and distribution investment opportunity. Constructed in 2021, this 5,828 square foot building is fully occupied. It is currently tenanted under a new lease with over 4 years remaining. The lease is structured as NN, suggesting a low-maintenance investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Briggs Truck & Rail Material Handling Equipment Supplier

    Suggested Use

    Restaurant Spa & Massage Clothing Store Gym & Fitness Building Supply Skin Care Clinic Wholesale Shop Accounting Firm Hotel & Motel Bar & Pub

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

    Similar Places Nearby

    Ferguson Big Boy Toy Storage, Discount Warehouses, Affordable Storage RV and Boat Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.855545
    Latitude
    33.48307

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    FAQs

    What type of property is this?
    Warehouse - Newly built, fully occupied industrial building with long-term lease.
    Where is this warehouse located?
    The property is located at 1627 County Road 7340 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,077,000.
    What are key features of this property?
    This property features: - Secure single tenant investment with a new lease featuring over 4 years remaining.; - 100% occupancy ensures immediate income.; - NN lease type provides a low-maintenance investment.
    (325) 439-0186
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    1627 County Road 7340 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
    1627 County Road 7340 Lubbock, TX 79423
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