Property profile

9001 Avenue P Lubbock, TX 79423

OFF-MARKET
Warehouses
73,600 SF Built 2004
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Property summary

AI-generated overview

This exceptional 73,600-square-foot industrial warehouse in Lubbock County offers a unique leasing opportunity. Currently configured as a single-tenant space of 31,250 square feet, this 2004-built facility is highly adaptable. The space is divisible into two units: a 20,000-square-foot section and an 11,250-square-foot section, providing flexibility for various business needs. The warehouse boasts impressive features including high ceilings with a 17-foot clear height, three-phase electrical service, insulated walls, and propane heaters, making it suitable for manufacturing, distribution, or other industrial uses. Its strategic location provides excellent access to major transportation arteries, including I-27 and Loop 289, with the added benefit of proximity to the new Loop 88. A significant advantage is the inclusion of an adjacent five-acre tract, ideal for outdoor storage or expansion. The property is zoned Transitional and has an APN of R305763. This property presents a compelling opportunity to establish or expand your industrial operations in a prime Lubbock County location. The combination of size, features, and location makes this an exceptional value.

Property profile

Verified
Property type Warehouses
Year built 2004
Total area 73,600 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Carpet & Flooring Store Hardware & Home Improvement
  • Warehouse & Storage
  • Warehouse & Storage

Location

9001 Avenue P Lubbock, TX 79423
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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