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Property profile

4011 Avenue Lubbock, TX 79412

OFF-MARKET
Warehouses
12,000 SF
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Property summary

AI-generated overview

This exceptional 12,000 square foot warehouse in Lubbock, Texas, presents a compelling investment opportunity at $399,999. Situated on a generous 41,850 square foot lot, this industrial property boasts a versatile layout ideal for a variety of uses. The warehouse features a small reception area providing convenient access to the main space and two adjacent classrooms, measuring approximately 20 ft x 44 ft and 20 ft x 24 ft respectively. The warehouse itself is insulated, with columns centrally located. Loading and unloading is facilitated by a single grade-level overhead door, measuring 12 ft high and 18 ft wide. Four man doors, two on each the east and west sides, offer additional access, with the main entrance located on the west side. Two restrooms are conveniently located within the warehouse. The property's location is advantageous, just west of Avenue Q near 40th Street, offering significant potential for secure parking or storage by fencing in the ample yard space. The price per square foot is $33.33. This property is located in Lubbock County, Texas, with the zip code 79412.

Property profile

Verified
Property type Warehouses
Total area 12,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4011 Avenue Lubbock, TX 79412
Lubbock metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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