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Property profile & analytics
OFF-MARKET Estimated value $1,950,000
Warehouses

3110 Frankford Ave Lubbock, TX 79407-7847

105,218 SF 7 ac lot Built 2004
Entity Owned 6-yr Hold Free & Clear
Property ID
US83-3512387
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • inTouch Real Estate Real Estate Agency
  • Be Amazing Roofing Specializing in Metal Commercial Roofs General Contractor
  • Face Space Hardware & Home Improvement Building Supply
  • Affordable Storage 32nd and Frankford 😃 Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.95M
Owner & transaction history
Ratsop INC · 6 yrs held
Ratsop INC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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