6821 Tx-114 Lubbock, TX 79407
This exceptional Class A industrial warehouse, built in 2020, offers 11,200 square feet of versatile space situated on a 5.4-acre lot in Lubbock, Texas. Located just off TX-114 (W 19th St), near Reese Technology Center, this single-tenant property boasts convenient highway access. The building features a spacious layout with a 125' x 50' front area with 18' side walls and an 80' x 60' rear area with 22' ceilings. The property includes six overhead doors, three-phase electric, a bathroom with two stalls, and a break room, each equipped with its own air conditioning unit. A gravel yard is also available, with two acres of the lot already fenced. The building's zoning is Outside City Limits. Priced at $1,099,995 ($98.21/sq ft), this property presents a compelling investment opportunity. The property's strategic location and modern amenities make it ideal for a variety of industrial and flex uses. This is a rare opportunity to acquire a high-quality industrial property in a rapidly growing area.
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
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