708 Loop 289 SE, Lubbock, TX 79404
For Sale
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This exceptional industrial property in Lubbock, Texas, offers a unique opportunity for businesses seeking versatile warehouse space. The property boasts two buildings totaling 30,300 square feet, situated on a 1.8-acre lot with convenient SE Loop 289 frontage. The original 8,300-square-foot building, constructed in 1971 and renovated in 2016, features two offices, a break room, two restrooms, open warehouse space, and two drive-thru bays—one equipped with a floor drain. The second building, a 22,000-square-foot structure built in 2016, offers an open reception/showroom area, an office, a restroom, and ample warehouse space. This newer building is equipped with substantial 2,800 amp 3-phase electrical service, compressed air lines throughout, two ten-ton HVAC units, and four overhead doors. Both buildings are fully fenced and enclosed, providing secure parking and stack yard areas. The property is conveniently located at 708 SE Loop 289, Lubbock, TX 79404, and is zoned Light Industrial (LI), allowing for a variety of industrial uses, including warehousing, distribution, and light assembly. Minimum divisible space is 8,300 square feet, with a maximum contiguous space of 30,300 square feet. Importantly, this property is not located in a flood zone. The City of Lubbock's Unified Development Code, effective October 1, 2023, further clarifies permitted uses.
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Regency Machine, Inc Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.