Property summary
This exceptional 36,655-square-foot distribution warehouse in Lubbock, Texas, presents a compelling investment opportunity at an asking price of $525,000. Situated on a 1.86-acre lot, this industrial property is zoned Heavy Commercial (HC), offering significant flexibility for various uses. The building boasts four distinct warehouse sections and a substantial office area, catering to diverse operational needs. Convenient access is provided by a dock-high loading area on the south/southwest end and two grade-level doors leading to a fenced stack lot on the east side. Ample off-street parking is available for both employees and customers. The property features high ceilings, enhancing storage and operational efficiency. While the roof requires replacement, this presents a unique opportunity for the buyer to customize the roofing system to their specific requirements. The reduced asking price reflects the need for roof replacement, allowing for significant cost savings and customization. This prime location in Lubbock, Texas, at 1331 E 19th St, zip code 79403, offers excellent accessibility and visibility. Don't miss this chance to acquire a well-positioned distribution center in a thriving Texas market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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