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Versatile Commercial Property on Clovis Road
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5013 Clovis Rd, Lubbock, TX 79416

38,580 SF building on 3.39 acres near Stars & Stripes.

Property Size38,580 SF
Lot Size3.39 Acres
Price / SF$32.40
Days on Market908

Property Features for 5013 Clovis Rd

General Information

Standard status Active
Size 38,580 SF
Lot size 3.39 Acres
Property subtype Industrial

Building Details

Year Built 1966
Listing Agency: Westar Commercial Realty
Listed By: Kevin Watt · License #TX 461347
Source: Crexi
Added: Feb 27, 2024 Changed: Aug 17 Last Checked: Aug 22 at 4:18PM

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 Westar Commercial Realty

Investment Insights

Based on property information with market context.

This commercial property, located next to the Stars & Stripes Drive-in on Clovis Highway, offers a total building area of 38,580 square feet situated on approximately 3.39 acres of land. The property is fenced and features mixed uses. Currently, the property has month-to-month leases and presents opportunities for re-management with potential for higher rents or conversion to a single use. The zoning is outside the city.

Key Highlights

  • Price: $32.41/PSF represents a great buying opportunity.
  • Sizeable Land Area: +/- 3.39 Acres.
  • Large Total Building Area: 38,580 SF.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Garden Center Storage Facility Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79416, TX

36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - 38,580 SF building on 3.39 acres near Stars & Stripes.
Where is this flex space located?
The property is located at 5013 Clovis Rd Lubbock, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Price: $32.41/PSF represents a great buying opportunity.; Sizeable Land Area: +/- 3.39 Acres.; Large Total Building Area: **38,580 SF.**
(806) 797-3231 Call to check price and availability
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