9607 Tx-114 Lubbock, TX 79407
This 5,000-square-foot commercial building, situated on a 1.72-acre lot in Lubbock, Texas, presents a unique investment opportunity. Built in 2005, this Class C property is a 50ft x 100ft fully insulated metal building featuring high ceilings and HVAC – a rare combination in Lubbock. Currently configured as a former fireworks retail space, the building offers significant adaptability. Its location outside city limits, yet with prominent frontage along 19th Street (Levelland Highway), across from the Reese Golf Center and Reese Technology Center, provides excellent visibility and accessibility. Priced at $400,000 ($80/sq ft), this property is offered below replacement cost. Potential uses include continued retail operation, or conversion to industrial use through the addition of overhead doors and office space modifications. The single-tenancy building is zoned for commercial use. This property represents a compelling opportunity for investors seeking a versatile and well-located commercial asset in a growing area.
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.