12102 Geneva Ave, Lubbock, TX 79423
This exceptional 9,278 square foot Class A flex space property, built in 2022, presents a compelling investment opportunity in Lubbock, Texas. Located on a 1.19-acre lot (APN R301578) and zoned LI (Light Industrial), this single-story building offers significant potential. The property boasts a strong 9.28% cap rate and a net operating income (NOI) of $129,453, with an asking price of $1,395,000 ($150.36/sq ft). Currently comprised of two leased units, it's ideally suited for multi-tenant occupancy or owner-occupancy. Its prime South Lubbock location and versatile design cater to a variety of industrial and flex space needs. High-quality construction ensures durability and low maintenance costs. This property represents a rare opportunity to acquire a modern, high-performing asset in a thriving Texas market. The property address is 12102 Geneva Ave, Lubbock, TX 79423.
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Heath Consultants Association / Organization
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.