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    1207 Farm To Market Rd 1585 Lubbock, TX 79423
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    1207 Farm To Market Rd 1585, Lubbock, TX 79423

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    • Warehouses
    • 10,750 SF
    • 2.20 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1207 Farm To Market Rd 1585

    Lot size
    2.20 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    Exceptional investment opportunity in Lubbock, Texas. This property features three buildings totaling 10,750 square feet on a 2.2-acre lot at 1207 East Farm to Market Road 1585 Unit A, Lubbock, TX 79423. The main building boasts 6,000 square feet, including 4,800 square feet of shop space and 1,200 square feet of office/apartment space. A second building offers an additional 4,000 square feet of shop space. A smaller, 750-square-foot building is currently leased month-to-month for $800 per month. The larger buildings, constructed in 2021, are insulated, heated, and air-conditioned. The property is classified as Class A and is currently vacant, excluding the smaller building's tenant. This is a rare opportunity to acquire a high-quality, newer industrial flex space in a desirable Lubbock County location. The asking price is $1,000,000, representing a price per square foot of $11.47. The property is zoned for industrial use.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.823
    Latitude
    33.4763
    More about this property
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