3203 Avenue B Lubbock, TX 79404
This exceptional 179,690-square-foot industrial property in Lubbock, Texas, presents a significant investment opportunity. Located at 3203 Avenue B, 79404, this single-story, 1989-built facility sits on a 9.66-acre lot and boasts a General Industrial (GI) zoning designation. The building features 27 dock-high doors and 5 grade-level doors, providing ample access for loading and unloading. Interior highlights include 30+ foot clear height ceilings in a newer section of the warehouse, 10+ private executive offices, multiple conference/meeting rooms, and a recently replaced middle roof section. Additional amenities include HVAC in portions of the facility, two electrical rooms, a boiler room, a parts/mechanic shop, a large employee cafeteria, and large restrooms with lockers. A secure fenced parking lot with electric gates enhances security. The property's strategic location offers convenient access to Interstate 27 and the Marsha Sharp Freeway. Previously occupied by Frito-Lay and Shearer's, this property also includes a separate wastewater treatment facility. The asking price is $3,200,000, with a price per square foot of $17.81. This versatile property is suitable for various industrial uses, offering a compelling combination of size, features, and location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.