Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11609 County Rd 2300 Lubbock, TX 79423-6672
    Back to Search
    Property profile & analytics

    11609 County Rd 2300, Lubbock, TX 79423-6672

    View on Map
    • Warehouses
    • 9,400 SF
    • 1.20 lot acres
    Off-Market
    Property ID
    US82-2106108
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Prosperity Business & Tax Services / Tax Preparation

    Property Details for 11609 County Rd 2300

    Year built
    1984
    Lot size
    1.20 lot acres
    Zone code
    19
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    R65552
    APU
    R65552

    Description

    This exceptional 1,500 square foot warehouse/office space, located at 11609 County Rd 2300, Lubbock, TX 79423, is available for lease. Built in 2020, this single-tenant property sits on approximately one acre of land and offers a versatile layout suitable for a variety of retail or office uses. The space is ideal for businesses seeking a functional and conveniently located warehouse with office capabilities. The property features one overhead door, providing easy access for loading and unloading. Its prime location just west of Interstate 27 ensures excellent accessibility and visibility for your business. The monthly lease rate is $1,200. This is a fantastic opportunity to secure a well-maintained, modern warehouse space in a thriving Lubbock location. The property is zoned for retail use and offers a single-tenant occupancy. Don't miss out on this chance to establish your business in a strategic and convenient location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.853
    Latitude
    33.4883
    CBSA code
    31180
    CBSA name
    LUBBOCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,258
    $110,544
    $524,427
    $634,971
    -
    $110,544
    $524,427
    $634,971

    Comparable in this City

    • Value Estimation by Request
      3,480 SF

      909 Pr 7150

      MINI-WAREHOUSE, STORAGE
      909 Pr 7150, Lubbock, TX 79423
      View Details
    • Value Estimation by Request
      12,300 SF

      2403 Pr 7340

      MINI-WAREHOUSE, STORAGE
      2403 Pr 7340, Lubbock, TX 79423
      View Details
    • Value Estimation
      $575,000
      21,900 SF

      1342 96th St

      MINI-WAREHOUSE, STORAGE
      1342 96th St, Lubbock, TX 79423
      View Details
    • Value Estimation
      $2,820,000
      139,175 SF

      2415 82nd St

      MINI-WAREHOUSE, STORAGE
      2415 82nd St, Lubbock, TX 79423-2300
      View Details
    • Value Estimation
      $1,775,000
      50,700 SF

      2102 109th St

      MINI-WAREHOUSE, STORAGE
      2102 109th St, Lubbock, TX 79423-7217
      View Details
    • Value Estimation
      $2,145,000
      119,592 SF

      9602 University Ave

      MINI-WAREHOUSE, STORAGE
      9602 University Ave, Lubbock, TX 79423-4210
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,823 SF

      Industrial/Office Complex with Upscale Finishes

      Well-maintained industrial/office complex with flexible workspaces and high-clearance warehouse.
      10101 Us Highway 87, Lubbock, TX 79423
      View Details
    • Contact for pricing
      6,087 SF

      New Construction Warehouse with Offices

      New warehouse with offices and overhead doors for sale.
      3207 118Th St, Lubbock, TX 79423
      View Details
    • $590,000
      Pending

      Warehouse Buildings on Two Acres

      Two warehouse buildings totaling 7300 SF on 2 acres.
      1511 Private Road 7325, Lubbock, TX 79423
      View Details
    • Contact for pricing
      10,599 SF

      Industrial Facility with Secured Yard

      10,599 SF industrial facility with office and secured yard.
      11417 County Road 2220, Lubbock, TX 79423
      View Details
    • Contact for pricing
      17,833 SF

      New Construction Flex Space Building

      New construction flex space with office and warehouse components.
      11425 County Road 2220, Lubbock, TX 79423
      View Details
    • Contact for pricing
      11,250 SF

      Contractor Shops Near Interstate 27

      Nine contractor shops built in 2023 with expansion potential.
      12301 County Road 2300, Lubbock, TX 79423
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Construction Office/Warehouse Space

      New construction office/warehouse with truck well and expansion potential.
      11420 County Road 2220, Lubbock, TX 79423
      View Details
    • $12 SF/Yr

      New Construction Office/Warehouse Space

      New 12,150 SF office/warehouse with truck well and stack lot.
      11420 County Road 2220, Lubbock, TX 79423
      View Details
    • Contact for pricing
      3,122 SF

      Updated Warehouse with Fenced Yard

      Updated 3,122 SF office/warehouse with fenced yard for rent.
      2321 114Th St, Lubbock, TX 79423
      View Details
    • Contact for pricing

      Warehouse Space for Lease

      Insulated warehouse space available for lease with utilities included.
      2303 Private Road 7340, Lubbock, TX 79423
      View Details
    • $2,950 /Mo

      Updated Office/Warehouse with Fenced Yard

      Functional office/warehouse with secure yard, convenient location, outside city limits.
      2321 114Th St, Lubbock, TX 79423
      View Details
    • Contact for pricing

      New Construction Warehouse with Offices

      New warehouse with offices available for lease on 118th Street.
      3207 118Th St, Lubbock, TX 79423
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11609 County Rd 2300
    Lubbock, TX 79423-6672
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11609 County Rd 2300, Lubbock, TX, 79423
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!