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    OFF-MARKET
    Flex space

    3217 118Th St, Lubbock, TX 79423

    11,375 SF Built 2024
    Property ID
    US82-5039676
    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 Flex space
    Year built 2024
    Total area 11,375 SF
    APN R345256
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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