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Property profile & analytics
OFF-MARKET
Flex space

3203 118Th St Lubbock, TX 79423

8,104 SF 0.5 ac lot Built 2024
Property ID
US82-7916891
Property summary
AI-generated overview

This newly constructed (2024) 8,104-square-foot office warehouse in Lubbock, Texas, offers flexible space ideal for multiple tenants. Located in the Four Fields Business Park, at 3203 118th Street, this single-story building sits on a half-acre lot (0.5 acres) and is zoned for heavy commercial use. The property features two suites, with a minimum divisible space of 4,052 square feet and a maximum contiguous space of 8,104 square feet. The warehouse boasts two overhead doors and impressive 16-foot sidewalls, providing ample space for storage and operations. The office area includes three private offices, a spacious reception area, a large conference room, and two restrooms. The office space is enhanced by 10-foot drywall ceilings and 8-foot doors, creating a modern and efficient workspace. Noteworthy features include the absence of drop ceilings. Ample parking is available with 15 spaces. The property's convenient location in Southwest Lubbock, just east of Indiana Avenue behind Antiquology and Knocksville, provides easy access to major transportation routes. The APN is R345246, and the property is located in Lubbock County, Texas, zip code 79423. This property presents a unique opportunity for businesses seeking a combination of warehouse and office space in a prime Lubbock location.

Property profile
Verified
Property type Flex space
Year built 2024
Total area 8,104 SF
Lot 0.5 ac (21,780 SF)
UPID US82-7916891
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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