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Property profile & analytics
OFF-MARKET
Warehouses

1207 Farm To Market Rd Lubbock, TX 79423

6,000 SF Built 2021
Property ID
Property summary
AI-generated overview

This exceptional Class A flex space, totaling 6,000 square feet, presents a unique investment opportunity in Lubbock, Texas. Located at 1207 East Farm to Market Road 1585, zip code 79423, this single-tenant property boasts a prime location directly off FM 1585 in Lubbock County. Built in 2021, the building features a two-story design, offering a versatile layout ideal for a variety of businesses. The space is intelligently divided into 4,800 square feet of shop area, perfect for warehousing, manufacturing, or light industrial uses, and 1,200 square feet of office/apartment space, providing comfortable and functional administrative areas. The entire building benefits from efficient climate control, including heating and cooling, enhanced by foam insulation. This property is categorized as both office and industrial, making it suitable for a wide range of commercial applications. Its modern construction and strategic location ensure high visibility and easy access, making it an attractive option for businesses seeking a functional and well-maintained space in a thriving Texas market. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to acquire a high-quality, recently constructed flex space in a desirable location.

Property profile
Verified
Property type Warehouses
Year built 2021
Total area 6,000 SF
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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