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Elm Avenue Industrial Tract
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5800 Elm Ave, Lubbock, TX 79404

Industrial land with frontage on Elm Avenue, Lubbock, Texas.

Property SizeContact for details
Days on Market831

Property Features for 5800 Elm Ave

General Information

Standard status Active
Property subtype Land
Listing Agency: Wilkerson Properties Inc
Listed By: Gordon Wilkerson · License #TX 303643
Source: Crexi
Added: Jul 25, 2024 Changed: Oct 25 Last Checked: Nov 1 at 2:26AM

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 Wilkerson Properties Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial tract features 630 feet of frontage on Elm Avenue. The site benefits from ready access to 50th Street, US 84, Loop 289, and I-27. The property is located adjacent to a FedEx Ground Distribution Center. Several businesses, including Labatt Foods, Ashley Furniture, Border States Electric, Penske Truck Leasing, and Albertsons, have locations within one mile of the site.

Key Highlights

  • Excellent industrial tract with 630 feet of frontage on Elm Avenue.
  • Ready access to 50th Street, US 84, Loop 289, and I‑27.
  • Adjacent to FedEx Ground Distribution Center.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Restaurant Parking Lot & Garage

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

148
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with frontage on Elm Avenue, Lubbock, Texas.
Where is this industrial land located?
The property is located at 5800 Elm Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Excellent industrial tract with 630 feet of frontage on Elm Avenue.; Ready access to 50th Street, US 84, Loop 289, and I‑27.; Adjacent to FedEx Ground Distribution Center.
(806) 441-4307 Call to check price and availability
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