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Flex Property with Four-Bay Warehouse
For Sale
$525,000

201 NE Loop 289, Lubbock, TX 79403

Commercial Sale, Lubbock, TX

Property Size4,400 SF
Lot Size1.35 Acres
Price / SF$119.32
Days on Market585

Property Features for 201 NE Loop 289

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Parking features Parking Lot, Driveway, Open, Carport, Gated, Covered, Garage
Security features Security Lighting
Fencing Chain Link, Perimeter, Fenced
Lot features Cleared, Corner Lot, Paved, Level
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Directions Head east on north Loop 289, exit Ash Avenue, head north on Ash Avenue, property is on the right. ***Previous business occupant relocated
Subdivision 5
Standard status Active
APN R120523
Size 4,400 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Description CROSLIN INDUSTRIAL L 4
Tax Annual Amount 2659
Legal Description CROSLIN INDUSTRIAL L 4

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

breakroom
landscaped grounds
irrigation system

Building Details

Year built 1985
Flooring type Concrete, Carpet, Tile
Building materials Brick, Metal Siding, Steel Frame, Steel Siding
Roof type Metal
Listing Agency: Real Estate Lubbock
Listed By: Meredith Wideman · License #0511448
Added: Mar 1, 2025 Changed: Oct 2 Last Checked: Oct 7 at 3:06PM
MLS# 202551749

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,400-square-foot flex property combines office space with a warehouse and stack yard on 1.35 acres. The office includes six private offices, a breakroom, and three restrooms, with a lobby that can accommodate customer seating or display use. The warehouse has four bays with large overhead doors and automatic openers.

The office and yard are enclosed with fencing and gated entry. Parking includes six covered spaces alongside additional open parking on a concrete lot. The property was built in 1985 and has brick and metal exterior materials, a metal roof, central heating and air conditioning, and public water and sewer.

Key Highlights

  • 4,400‑square‑foot flex property on 1.35 acres
  • Office layout includes six offices, a breakroom, and three restrooms
  • Four warehouse bays with powered overhead doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Restaurant HVAC Service Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Fenced office and yard areas provide a practical setup for businesses needing secure outdoor storage.
Where is this flex space located?
The property is located at 201 NE Loop 289 Lubbock, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,400‑square‑foot flex property on 1.35 acres; Office layout includes six offices, a breakroom, and three restrooms; Four warehouse bays with powered overhead doors
More about this property
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