402 Davis Dr, Lubbock, TX 79416
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.
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
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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.