Property profile

402 Davis Dr Lubbock, TX 79416

OFF-MARKET
Warehouses
55,318 SF Built 1954
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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

Location

402 Davis Dr Lubbock, TX 79416
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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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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