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Property profile

3217 118Th St Lubbock, TX 79423

OFF-MARKET
Industrial properties
Property ID
US82-5039676
11,375 SF Built 2024
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Property summary

AI-generated overview

This brand-new, Class A, 11,375-square-foot flex space in Lubbock, Texas is ready for immediate occupancy. Located at 3217 118th St, 79423, this single-story building boasts 9,500 square feet of warehouse space, perfect for storage or operations. Three 10' x 14' overhead doors provide easy access for loading and unloading. The office area comprises 6 private offices, two of which are ideally suited for use as conference rooms. A convenient kitchenette/breakroom and two restrooms add to the functionality. The property sits on APN R345256 and is zoned HC (Heavy Commercial), offering versatility for a wide range of businesses. Built in 2024, this property represents a rare opportunity to acquire a modern, efficient space in a thriving Lubbock County location. The asking price is $1,350,000. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing businesses to focus on growth and productivity from day one. Don't miss this chance to secure this exceptional industrial property.

Property profile

Verified
Property type Industrial properties
Year built 2024
Total area 11,375 SF
UPID US82-5039676

Cap rate & NOI

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

Location

3217 118Th St Lubbock, TX 79423
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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