1207 Farm To Market Rd Lubbock, TX 79423
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.