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Property profile & analytics
OFF-MARKET
Office buildings

4511 Idalou Rd Lubbock, TX 79403-9534

3,025 SF 1.96 ac lot Built 1970
Individually Owned Free & Clear
Property ID
US82-3827395
Property summary
AI-generated overview

This exceptional industrial property, located at 4511 Idalou Road in Lubbock, Texas, presents a unique investment opportunity. The property encompasses approximately 3.4 acres of land, featuring two lots totaling 148,197 square feet, and boasts 497 feet of highway frontage, ensuring high visibility and easy access. The site includes two buildings, both Class C construction dating back to 1970. Building #1 comprises a 870 square foot office area with reception, storage, and bathroom, a 1,500 square foot attached warehouse (also with a bathroom), and a main 7,500 square foot manufacturing warehouse (75' x 100'). The main warehouse features a 14-foot center ceiling height, 12-foot walls, and multiple overhead doors (three 10' x 12' and one 13' x 15'), as well as several ceiling cranes (one half-ton, two single-ton, and one two-ton unit). Building #2, a 1,680 square foot paint room (30' x 56') with a 15-foot wide sliding door and attached carport, adds to the property's functionality. Lubbock CAD records indicate a total building improvement size of approximately 12,665 square feet. Utilities are provided by the City of Lubbock (water), South Plains Electric (electric), and a septic system (waste). This property is ideally suited for a variety of manufacturing and warehousing operations. The asking price is $575,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 3,025 SF
Lot 1.96 ac (85,421 SF)
Zoning code 28
APN R81824
UPID US82-3827395
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
  • Custom Built Trailer Sales Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
APOLONIO M MERCADO JR
APOLONIO M MERCADO JR
Zoning & alternative use
28 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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