Versatile Multi-Building Industrial
4805 N INTERSTATE 27 Lubbock, TX 79403
4805 N INTERSTATE 27, Lubbock, TX, 79403
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For Sale
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Multi-building industrial property with office, warehouse, and retail/flex space.
Property Size27,744 SF
Lot Size6.97 Acres
Price / SF$133.36
Days on Market64
Property Features for 4805 N INTERSTATE 27
General Information
- Standard status
- Active
- Size
- 27,744 SF
- Lot size
- 6.97 Acres
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1935
Listing Agency
McDougal Realtors
Listed by
Ethan Quisenberry · License #TX
Source
Crexi
Added: May 15 Checked: Jul 15 at 8:52 pm
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 McDougal Realtors
Investment Insights
Based on property information with market context.
The property at 4805 N I-27 is a multi-building industrial property situated on approximately 6.97 acres. It features a mix of office, warehouse, and retail/flex space suitable for an owner-user, investor, or growing business. The property includes six separate structures. There is a 1,669 square foot stand-alone office building, an 800 square foot storage building, a 7,575 square foot office/warehouse building renovated in 2019, and a 9,000 square foot office/retail/warehouse facility constructed in 2021. Additionally, the site features two newer warehouse buildings completed in 2023 and 2024, measuring 1,200 square feet and 7,500 square feet. The property has direct exposure to I-27, providing accessibility for logistics, distribution, and daily operations. The yard area allows for stack yard, equipment storage, or future expansion potential, making it suitable for contractors, service-based businesses, or distribution users. The total property size is 27,744 square feet.
Key Highlights
- Exceptional visibility and access directly on Interstate 27.
- Versatile multi‑building industrial property with a mix of office, warehouse, and retail/flex space.
- Large 6.97‑acre site with ample yard space.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $482.7k | $17.40 |
| − Vacancy | −$36.2k | −$1.31 |
| EGI | $446.5k | $16.10 |
| − OpEx | −$134.0k | −$4.83 |
| NOI | $312.6k | $11.27 |
27,744 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$5.42M
$4.74M – $6.33M
NOI $379,559 @ 7.0% cap · market cap 10.26%
Second Best
Mixed Use
$5.22M
$4.56M – $6.09M
NOI $365,180 @ 7.0% cap · market cap 9.87%
Theoretical Best
Office A
$6.99M
$6.12M – $8.16M
NOI $489,604 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JH Masonry and Plastering
General Contractor
Superior Materials & Stucco
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Multi-building industrial property with office, warehouse, and retail/flex space.
Where is this mixed-use property located?
The property is located at 4805 N INTERSTATE 27 Lubbock, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Exceptional visibility and access directly on Interstate 27.; Versatile multi‑building industrial property with a mix of office, warehouse, and retail/flex space.; Large 6.97‑acre site with ample yard space.
