Technical
Financial
Distress signals
Property profile

3110 Frankford Ave Lubbock, TX 79407

OFF-MARKET
Warehouses
Property ID
US83-3512387
105,218 SF 7 ac lot Built 2004
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,280-square-foot executive office building in Lubbock, Texas, presents a remarkable opportunity. Built in 2002 and renovated in 2024, this single-tenant property at 3110 Frankford Ave, 79407 boasts a contemporary design with new paint and flooring. The space includes seven private offices, a conference room, and a convenient breakroom/kitchen. High-quality finishes create a polished ambiance. Well-appointed bathroom facilities cater to both staff and clients. Ample on-site parking ensures easy access for everyone. Located across from the LCU golf course, this property offers excellent visibility and accessibility. The property is offered under a Double Net Lease, with tenants responsible for property taxes and insurance. Lease terms are for 2-4 years, with a monthly rent of $3420 and a security deposit of $3420. This is an ideal space for businesses seeking a prestigious and functional office environment in a desirable Lubbock location.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2004
Total area 105,218 SF
Lot 7 ac (304,920 SF)
APN R164404
UPID US83-3512387

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • General Contractor
  • Hardware & Home Improvement Building Supply
  • Storage Facility

Location

3110 Frankford Ave Lubbock, TX 79407-7847
Lubbock metro Census 1710 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.95M

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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