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Property profile & analytics

3203 Avenue B Lubbock, TX 79404

  • Warehouses
  • 179,690 SF
  • 9.66 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Warehouses

Property Details for 3203 Avenue B

Year built
1989
Lot size
9.66 lot acres
Property size
179,690 SF
Property type
Warehouses
Property subtype
Industrial properties

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.836
Latitude
33.5642
More about this property
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