Technical
Financial
Distress signals
Property profile

201 Loop 289 NE Lubbock, TX 79403

FOR SALE
Warehouses
Property ID
US82-3701863
4,400 SF 0.52 ac lot Built 1983
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,400 square foot commercial property in Lubbock, Texas, presents a unique investment opportunity. Situated on a 1.35-acre lot, the property boasts a well-maintained office space and a substantial warehouse, offering diverse business possibilities. The office area features six individual offices, a convenient breakroom, and three restrooms. A spacious entry/lobby area is ideal for use as a showroom or customer waiting area. The warehouse component includes four bays, each equipped with large overhead doors and automatic openers, ensuring efficient loading and unloading. Six covered parking spaces are available, along with ample open parking on a fully concreted surface. The entire property is meticulously landscaped and features an irrigation system. Security is enhanced by a fully fenced perimeter with gated access for both the office and the adjacent stackyard. The existing infrastructure provides a solid foundation for a variety of businesses, and the additional land offers potential for future expansion. The property is priced at $699,000 and offers a compelling combination of office, warehouse, and outdoor storage space, all within a secure and well-maintained environment. This is a rare opportunity to acquire a versatile commercial property in a desirable Lubbock location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 4,400 SF
Lot 0.52 ac (22,500 SF)
Zoning code 38
APN R87126
UPID US82-3701863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 Loop 289 NE Lubbock, TX 79403
Lubbock metro Census 100 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
1969
Price N/A

Zoning & alternative use

38 · Lubbock, TX

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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