Flex Space with Roll-Up
For Sale
Contact for pricing
3904 Ursuline St, Lubbock, TX 79415
Flex space with multiple covered parking and a 484 sq. ft. storage building featuring a large roll-up garage door.
Property Size484 SF
Price / SF$464.88
Days on Market409
Property Features for 3904 Ursuline St
General Information
Standard status
Active
Size
484 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Warehouse Space
484 SF
Drive-In Doors
1
Building Details
Buildings
1
Building Size
484 SF
Listing Agency:
Clear Rock Realty
(806) 319-5090
Listed By:
Ruben Trujillo · License #0690204
(806) 445-3887
Source:
Moodyscre
Added: Aug 25, 2025
Changed: Sep 11
Last Checked: Oct 5 at 8:44PM
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 Clear Rock Realty
Investment Insights
Based on property information with market context.
3904 Ursuline St is a flex space property designed to support a range of contractor and service-oriented operations. The site includes multiple covered parking and storage structures, providing space for vehicles, trailers, and equipment. At the core of the property is a 484 sq. ft. storage building with a large roll-up garage door, along with workshop space that can support secure storage and day-to-day work needs.
Located in Lubbock, TX 79415, the property’s layout is geared toward flexible, practical use, whether you need immediate utility for a trades or service business or you’re evaluating opportunities for site adaptation over time.
The combination of covered storage, roll-up access, and workshop functionality offers a versatile setup that can be tailored to the way your operation runs today and as your needs evolve.
Located in Lubbock, TX 79415, the property’s layout is geared toward flexible, practical use, whether you need immediate utility for a trades or service business or you’re evaluating opportunities for site adaptation over time.
The combination of covered storage, roll-up access, and workshop functionality offers a versatile setup that can be tailored to the way your operation runs today and as your needs evolve.
Key Highlights
- Multiple covered parking and storage structures for vehicles, trailers, and equipment
- 484 sq. ft. storage building with a large roll‑up garage door
- Workshop space within the storage building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,621
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,420
$132.4K
Cap Rate 7%
$94,586
$94.6K
Cap Rate 9%
$73,567
$73.6K
Market Conditions
NOI Build-Up for 484 SF
Gross rent
$8.4K $17.40/SF
− Vacancy
−$632 −$1.31/SF
EGI
$7.8K $16.10/SF
− OpEx
−$1.2K −$2.41/SF
NOI
$6.6K $13.68/SF
Area
Lubbock, TX
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,420
Cap Rate 7%
$94,586
Cap Rate 9%
$73,567
Alternative Uses
Best Use
Warehouse
$94.6K
$82.8K – $110.4K
NOI $6,621 @ 7.0% cap · market cap 2.94%
Second Best
Industrial
$77.9K
$68.2K – $90.9K
NOI $5,453 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$122.0K
$106.8K – $142.4K
NOI $8,541 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79415, TX
17,499
Population
7,225
Households
2.4
Avg Household Size
30
Median Age
26%
College-Educated
77%
High-School Grad
67.8 sq mi
ZIP Area
258
Density / Sq Mi
$37,101
Median Household Income
$25,506
Median Earnings
$956
Median Rent
$94,000
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
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with multiple covered parking and a 484 sq. ft. storage building featuring a large roll-up garage door.
Where is this flex space located?
The property is located at 3904 Ursuline St Lubbock, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Multiple covered parking and storage structures for vehicles, trailers, and equipment; 484 sq. ft. storage building with a large roll‑up garage door; Workshop space within the storage building
