Lubbock Warehouse Investment
For Sale
$1,565,750
702 E 34th St, Lubbock, TX 79404
Two-property investment with warehouse, office space, and rail access.
Property Size32,315 SF
Price / SF$48.45
Days on Market330
Property Features for 702 E 34th St
General Information
Standard status
Active
Size
32,315 SF
Property subtype
Industrial
Building Details
Building Size
32,315 SF
Year Built
1972
Listing Agency:
NAI Wheelhouse
Listed By:
Joe Magby
(806) 200-3244
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 10
Last Checked: Oct 16 at 6:41AM
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 NAI Wheelhouse
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Investment Insights
Based on property information with market context.
This two-property investment opportunity in Lubbock, TX, offers an 8.5% CAP rate. The properties are situated on 2 acres along 34th Street and feature expansive warehouse and office space. Fenced yards and easy trucking access are present. Rail access adds logistical value. The property, totaling 32315 square feet, is priced below replacement cost and presents a value-add opportunity with below-market rents.
Key Highlights
- High 8.5% CAP Rate Investment Opportunity
- Below‑Market Rents Present Value‑Add Opportunity
- Priced Below Replacement Cost
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79404, TX
9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Hart Moving & Storage Inc. — 3615 Magnolia Ave, Lubbock, TX 79404
- Lubbock Compress — 2411 Avenue E, Lubbock, TX 79404
- Downtown Self Storage — 514 23rd St, Lubbock, TX 79404
- West Texas Cotton Warehouse — 2222 Avenue A, Lubbock, TX 79404
Frequently Asked Questions
What type of property is this?
Warehouse - Two-property investment with warehouse, office space, and rail access.
Where is this warehouse located?
The property is located at 702 E 34th St Lubbock, TX.
What is the asking price?
The asking price for this property is $1,565,750.
What are key features of this property?
This property features: High 8.5% CAP Rate Investment Opportunity; Below‑Market Rents Present Value‑Add Opportunity; Priced Below Replacement Cost
