2002 North Avenue N Lubbock TX USA, Lubbock, TX 79403
181,800 SF industrial facility on 30 acres in Lubbock.
- Added:
- Aug 26, 2025
- Days on Market:
- 261
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 2002 North Avenue N Lubbock TX USA
General Information
- Standard status
- Active
- Size
- 181,800 SF
- Lot size
- 30.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1993
Listing agent Derek L. Caldwell License #01929621
Listing office Marcus & Millichap - South Bay (562) 257-1200
Listing date Aug 26, 2025
Source Crexi
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 - South Bay
HighLights
- High Potential Cap Rate: Stabilized pro forma cap rate of over 15% after a $1.4M multi‑tenant conversion.
- Large Industrial Facility: 181,000 square feet on 30 acres, suitable for multi‑tenant conversion or single‑user operation.
- Abundant Power Supply: Multi‑megawatt power supply with six dual‑action transformers and access to the deregulated ERCOT grid.
- Functional Attributes: Includes a 3‑building layout, 5‑acre paved/fenced/lit yard, rail spur access, and clearspan production space.
- Desirable Location: Located in Lubbock, TX, a city with a growing economy, skilled labor force, and affordable living costs.
- Excess land provides room for expansion, truck/trailer parking, or new equipment installation.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.8578
- Latitude
- 33.576413