1207 Farm To Market Rd Lubbock, TX 79423
This exceptional Class A flex space in Lubbock, Texas, presents a unique investment opportunity. Located at 1207 East Farm to Market Road 1585, this property boasts two buildings totaling 10,000 square feet on a 2.2-acre lot. The main building, constructed in 2021, offers 6,000 square feet of completely vacant space, perfectly suited for a variety of uses. This building's layout includes 4,800 square feet of shop area and 1,200 square feet of office/apartment space. A second building provides an additional 4,000 square feet of shop space. Both buildings are single-story structures featuring modern construction, including foam insulation, and are equipped with heating and cooling systems. The property is zoned for flexibility and is ideal for businesses requiring a blend of office and warehouse space. The convenient location in Lubbock, TX, zip code 79423, offers easy access to major transportation routes. This is a single-tenant property ready for immediate occupancy. Don't miss this chance to acquire a high-quality, modern industrial/office space in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.