Lubbock Industrial Redevelopment Opportunity
For Sale
Contact for pricing
1601 Avenue A, Lubbock, TX 79401
Redevelopment site with warehouses in Lubbock Opportunity Zone.
Property Size200,000 SF
Lot Size16.00 Acres
Price / SF$9.25
Days on Market1221
Property Features for 1601 Avenue A
General Information
Standard status
Active
Size
200,000 SF
Lot size
16.00 Acres
Property subtype
Industrial
Zoning
GI
Listing Agency:
WestMark Commercial
(806) 777-8114
Listed By:
Kelsey Zickefoose · License #TX 0724914
Source:
Crexi
Added: Apr 21, 2023
Changed: Aug 23
Last Checked: Aug 23 at 2:38AM
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 WestMark Commercial
Investment Insights
Based on property information with market context.
This is a prime redevelopment site situated in an Opportunity Zone in Lubbock. The property includes 13 warehouses and an office building that requires repairs. Three of the warehouses are equipped with electricity, and two of these also have plumbing. The remaining warehouses were previously used for grain storage. The site encompasses just over 16 acres of industrial land, offering a unique opportunity to revitalize the area with the existing warehouse structures.
Key Highlights
- Prime redevelopment site in an Opportunity Zone
- Over 16 acres of industrial land
- Existing 13 warehouses offer revitalization potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 79401, TX
8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Redevelopment site with warehouses in Lubbock Opportunity Zone.
Where is this industrial land located?
The property is located at 1601 Avenue A Lubbock, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime redevelopment site in an Opportunity Zone; Over 16 acres of industrial land; Existing 13 warehouses offer revitalization potential
