Property profile

311-405 19Th St Lubbock, TX 79404

OFF-MARKET
Warehouses
1.2 ac lot Built 1941
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased industrial property in Lubbock, Texas. The property comprises two 10,000 square foot buildings, ideally suited for flex or warehouse use, situated on a 1.2-acre lot at the highly visible southeast corner of 19th Street and I-27. Built in 1941 and extensively renovated in 2016, the property currently houses Xplosive Kustomz, a thriving full-service automotive body shop, under a lease extending through the end of 2024. An enclosed storage/parking yard strategically located between the two buildings enhances functionality and operational efficiency. The property's prime location offers excellent visibility and accessibility, making it an attractive investment for both immediate income generation and long-term appreciation potential. The asking price for this turnkey operation is $650,000. The address is 311-405 19th Street, Lubbock, TX 79404, in Lubbock County. This property presents a rare chance to acquire a stable, high-performing asset in a desirable location.

Property profile

Verified
Property type Warehouses
Year built 1941
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

311-405 19Th St Lubbock, TX 79404
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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