Warehouse Facility with Rail
For Sale
Contact for pricing
2002 North Ave N, Lubbock, TX 79403
181,800 SF warehouse on 30 acres with rail access, heavy power, and a 5-acre paved yard.
Property Size181,800 SF
Lot Size30.00 Acres
Price / SF$23.79
Days on Market771
Property Features for 2002 North Ave N
General Information
Standard status
Active
Size
181,800 SF
Lot size
30.00 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Rail Access
Yes
Heavy Power
Yes
Additional Details
Outdoor Storage
Yes
Building Details
Building Size
181,800 SF
Listing Agency:
Marcus & Millichap
(424) 405-3829
Listed By:
Derek Caldwell · License #(S):CA:01929621
(424) 405-3829
Source:
Moodyscre
Added: Jun 25, 2024
Changed: Jul 31
Last Checked: Aug 4 at 11:30AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
Warehouse facility totaling 181,800 SF on 30 acres, offered for sale. The property is described as well suited for a multi-tenant conversion, while also supporting owner-user use and heavy power operations.
Operational utilities and site features include heavy power and a high-volume gas line, plus rail access. A 5-acre paved yard is included, providing dedicated outdoor space for equipment, staging, or logistics workflows.
Financial materials reference a stabilized pro forma cap rate of over 15%, which may be of interest to investors evaluating industrial ownership or conversion strategies.
Operational utilities and site features include heavy power and a high-volume gas line, plus rail access. A 5-acre paved yard is included, providing dedicated outdoor space for equipment, staging, or logistics workflows.
Financial materials reference a stabilized pro forma cap rate of over 15%, which may be of interest to investors evaluating industrial ownership or conversion strategies.
Key Highlights
- 181,800 SF warehouse facility on 30 acres
- Rail access for loading and distribution operations
- Heavy power plus a high‑volume gas line
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79403, TX
15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Lubbock, TX
Properties on Market for Warehouses in Lubbock
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 181,800 SF warehouse on 30 acres with rail access, heavy power, and a 5-acre paved yard.
Where is this warehouse located?
The property is located at 2002 North Ave N Lubbock, TX.
What is the asking price?
The asking price for this property is $4,325,000.
What are key features of this property?
This property features: 181,800 SF warehouse facility on 30 acres; Rail access for loading and distribution operations; Heavy power plus a high‑volume gas line
