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    FOR LEASE
    Warehouses

    5614 126Th St A-200, Lubbock, TX 79424

    12,000 SF 5 ac lot Built 2016
    Entity Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-4005038
    Property summary
    AI-generated overview

    This exceptional 8,000-square-foot flex space property presents a compelling investment opportunity in Lubbock, Texas. Situated conveniently outside the city limits on 126th Street, west of Chicago Avenue, this single-tenant industrial building offers a versatile layout ideal for a variety of businesses. The property boasts a well-balanced design, incorporating 1,600 square feet of modern office space and a substantial 6,400 square feet of warehouse area. The warehouse space is well-equipped for efficient operations, featuring four generously sized overhead doors, each measuring 14 feet wide by 12 feet high. This allows for easy loading and unloading of goods and equipment. The property's location in Lubbock County provides excellent access to major transportation routes, facilitating seamless logistics and distribution. The building's single-tenant occupancy ensures a streamlined management process and predictable income stream. This property is classified as an industrial flex space, catering to businesses requiring a blend of office and warehouse functionality. The property's address is 5614 126th Street A-100, Lubbock, TX 79424. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a growing market. The property's size and features make it suitable for a wide range of businesses seeking a functional and efficient workspace.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2016
    Total area 12,000 SF
    Lot 5 ac (217,800 SF)
    Zoning code 19
    APN R69021
    UPID US83-4005038
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • iTOP Recovery Medical Clinic Physician
    • Southwest Volleyball Club Nightclub Music Venue
    • V12 Auto Group Car Dealership
    • iTOP Sport Complex Sports Field & Court Construction Company
    • Game Changer Sports Gym & Fitness Center Sports Field & Court
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $460k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $896k
    Blend (final) Blend
    $680k
    Owner & transaction history
    Frankford Farms LLC · 10 yrs held
    Frankford Farms LLC
    since 2016
    7 recorded transactions
    2020
    2020
    2016
    2015
    2012
    2006
    1969
    Zoning & alternative use
    19 · Lubbock, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.1M +75.1%
    Auto repair, garage $1.1M +67.1%
    Commercial (general) $780,000 +23.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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