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Property profile

9607 Tx-114 Lubbock, TX 79407

OFF-MARKET
Retail properties & Spaces
5,000 SF 1.72 ac lot Built 2005
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 5,000 SF
Lot 1.72 ac (74,923 SF)

Cap rate & NOI

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

Location

9607 Tx-114 Lubbock, TX 79407
Lubbock metro
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Value estimations

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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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