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    9505 Us-87 Lubbock, TX 79423

    Sponsored
    For Lease
    $6 SF/Yr

    Industrial Units, 1500-2700 sqft

    Lot size:
    110,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property in Lubbock, Texas, offers flexible warehouse and distribution space ideal for various businesses. Located at 9505 US-87, in Lubbock County, zip code 79423, this multi-tenant building totals 110,000 square feet. Individual units range from a minimum of 1,500 square feet to a maximum contiguous space of 2,700 square feet, providing options to suit diverse operational needs. The property enjoys a highly convenient location on the east access road of Highway 87, situated between 82nd and 98th Streets within the South I-27 Industrial Park. This strategic position ensures effortless access to all areas of Lubbock via Interstate 27 and Loop 289, optimizing transportation efficiency and logistical ease. The property's classification as both warehouse and distribution space caters to a wide range of businesses requiring storage, processing, and distribution capabilities. Contact for current availability and lease terms.

    Property Features for 9505 Us-87

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,000 SF
    Total Rate
    58666.67

    Unit(s) available at that property

    Space
    1500 sq ft
    Size
    1,500 SF
    Rate per SF
    $6

    HighLights

    • 110,000 SF multi‑tenant industrial building in Lubbock, TX.
    • Located at 9505 US‑87, Lubbock County, 79423, in the South I‑27 Industrial Park.
    • Units range from 1,500 SF to 2,700 SF contiguous.
    • Excellent access to I‑27 and Loop 289 via Highway 87.
    • Suitable for warehouse and distribution businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8441358
    Latitude
    33.5075766

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    FAQs

    What type of property is this?
    Distribution property - Industrial Units, 1500-2700 sqft
    Where is this distribution property located?
    The property is located at 9505 Us-87 Lubbock, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 110,000 SF multi-tenant industrial building in Lubbock, TX.; Located at 9505 US-87, Lubbock County, 79423, in the South I-27 Industrial Park.; Units range from 1,500 SF to 2,700 SF contiguous.
    Request Owner's contact information
    9505 Us-87 Lubbock, TX 79423
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9505 Us-87 Lubbock, TX 79423
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