1111 Avenue Lubbock, TX 79415
- Warehouses
- 15,366 SF
- 0.70 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1111 Avenue
- Year built
- 1974
- Lot size
- 0.70 lot acres
- Property size
- 15,366 SF
- Zone code
- 38
- Property type
- Warehouses
- APN
- R73460
- APU
- R73460
Description
This exceptional 20,000-square-foot warehouse in Lubbock, Texas, presents a compelling investment opportunity. Situated on a substantial 7.75-acre lot, this property boasts convenient rail access, a significant advantage for efficient logistics and transportation. Built in 1950, the warehouse features a brick exterior and includes approximately 1,000 square feet of office space, along with two restrooms. The property's zoning is designated M-2, allowing for a variety of industrial uses. Two dock-high loading doors facilitate easy loading and unloading of goods. The warehouse boasts a ceiling height of 10 feet, providing ample vertical space for storage and operations. The asking price is $1,300,000, translating to $65 per square foot. Water and septic systems are on-site. Its strategic location near Interstate-27 further enhances its accessibility and appeal. This property is currently vacant, offering immediate occupancy for a new owner or tenant. The combination of rail access, ample land, and proximity to major transportation routes makes this an ideal location for businesses requiring efficient freight handling and distribution. This is a rare opportunity to acquire a well-located, functional industrial property with significant potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.861
- Latitude
- 33.6114
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA
