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Lubbock Warehouse with Remodeled Office

512 E 42nd St, Lubbock, TX

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For Sale

Contact for pricing

10,000 SF warehouse with remodeled office in Lubbock, TX.

Type:INDUSTRIAL

Property size:

10,000 SF

Lot size:

1.01 Acres

Price / SF:

$163/SF

HighLights

10,000 sq ft warehouse space
Dock high loading doors for efficient operations
Recently remodeled office area with reception and private offices
LED lighting in warehouse
12' x 10' overhead doors (one with ramp, one dock high)
Rear of warehouse backs up to rail spur with additional overhead doors

We can help!

Listing Contact

David Haymes, CCIM

For Sale

Contact for pricing

10,000 SF warehouse with remodeled office in Lubbock, TX.

Type:INDUSTRIAL

Property size:

10,000 SF

Lot size:

1.01 Acres

Price / SF:

$163/SF

Added:: Jun 19, 2025
Days on Market:: 356
Last Refresh:: May 20 at 8:22 pm

Property Features for 512 E 42nd St

General Information

Standard status: Active
Size: 10,000 SF
Lot size: 1.01 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

David Haymes, CCIM

Listing agent David Haymes, CCIM License #0618395

Listing office WestMark Commercial | TCN Worldwide

Listing date Jun 19, 2025

Source Moodyscre

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 WestMark Commercial | TCN Worldwide

HighLights

10,000 sq ft warehouse space
Dock high loading doors for efficient operations
Recently remodeled office area with reception and private offices
LED lighting in warehouse
12' x 10' overhead doors (one with ramp, one dock high)
Rear of warehouse backs up to rail spur with additional overhead doors

Overview

The west unit offers 10,000 square feet of warehouse space featuring LED lighting and two 12' x 10' overhead doors, one with a ramp and one dock high. The recently remodeled office area includes a reception area with counter, two private offices, and two restrooms. The warehouse has a 12'7" center clear height. Located in an industrial area of Lubbock, TX, this is a two-unit dock high warehouse. The rear of the warehouse backs up to a rail spur and has two additional overhead doors. Two units are available for a total of 21,800 square feet and can be leased separately or together.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$174.0k	$17.40
− Vacancy	−$13.1k	−$1.31
EGI	$161.0k	$16.10
− OpEx	−$24.1k	−$2.41
NOI	$136.8k	$13.68

10,000 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.95M

$1.71M – $2.28M (±1% cap)

NOI $136,808 @ 7.0% cap · market cap 8.37%

Second Best

Industrial

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $112,665 @ 7.0% cap · market cap 6.89%

Theoretical Best

Office A

$2.52M

$2.21M – $2.94M (±1% cap)

NOI $176,472 @ 7.0% cap · market cap 10.79%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

LSO Shipping Company BettermentRS Distribution Center

Suggested Use

Similar Places Nearby

Midget Warehouses Of America — Lubbock, TX 79404
Byron Cowling Moving and Storage — 524 E 46th St, Lubbock, TX 79404
Hart Moving & Storage Inc. — 3615 Magnolia Ave, Lubbock, TX 79404

Location Insight

Map
Local Demand

City: Lubbock
County: Lubbock
State: Texas
Longitude: -101.831
Latitude: 33.5558

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For sale
Warehouses
TX
Lubbock
512 E 42nd St

What type of property is this?

Warehouse - 10,000 SF warehouse with remodeled office in Lubbock, TX.

Where is this warehouse located?

The property is located at 512 E 42nd St Lubbock, TX.

What is the asking price?

The asking price for this property is $1,635,000.

What are key features of this property?

This property features: 10,000 sq ft warehouse space; Dock high loading doors for efficient operations; Recently remodeled office area with reception and private offices

512 E 42nd St, Lubbock, TX

10,000 SF warehouse with remodeled office in Lubbock, TX.

Property Features for 512 E 42nd St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Medical Office Building with 2025 Build

Lubbock Commercial Suites For Sale

Lubbock Commercial Opportunity on Upland

Versatile Commercial Space in Lubbock

Lubbock Office Investment Opportunity

Well-Appointed Office Building in Lubbock

Highway Frontage Commercial Building

Climate-Controlled Warehouse with Offices

Multi-Office Building with Garage

Flex Warehouse with Office Buildout

Lubbock Church with Redevelopment Potential

Lubbock Multifamily Investment Package

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