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    Warehouses

    402 Davis Dr, Lubbock, TX 79416

    55,318 SF Built 1954
    Property ID
    Property summary
    AI-generated overview

    This exceptional 55,318-square-foot industrial warehouse, located at 402 Davis Dr, Lubbock, TX 79416, presents a unique investment opportunity. Built in 1954, this single-story, single-tenant building sits on a sizable lot within Lubbock County. The property boasts ample parking with 50 spaces available for employees and visitors. Its strategic location offers easy access to transportation routes, enhancing logistical efficiency. The warehouse's history as part of the Reese Technology Center (formerly Reese AFB) provides a strong foundation, benefiting from its proximity to an active private airfield, offering secure airfield access and substantial laydown space. The property's single-tenant occupancy simplifies management and provides a stable income stream. The building's substantial size and functional layout make it suitable for a variety of industrial uses. This property is an excellent choice for businesses seeking a well-established, spacious, and strategically located warehouse in Lubbock, Texas. The property's single-story design optimizes functionality and accessibility. With its significant square footage and ample parking, this warehouse is ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Year built 1954
    Total area 55,318 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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