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Property profile & analytics
FOR LEASE
Warehouses

5111 Ransom Rd Ransom Canyon, TX 79364

7,080 SF 2.04 ac lot Built 2006
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4949104
Property summary
AI-generated overview

This exceptional 1,500-square-foot industrial warehouse, located at 5111 Ransom Road in Ransom Canyon, Texas, presents a unique leasing opportunity. Situated on a spacious two-acre lot in Lubbock County (zip code 79364), this single-tenant property offers ample space for various commercial or warehouse operations. The entire 1,500 square feet is currently vacant and ready for immediate occupancy. The property's classification as "Special Purpose" suggests its suitability for a range of uses, though specific permitted uses should be verified independently. Given its size and location, this property is ideal for businesses requiring both substantial warehouse space and generous outdoor area. The property's location in Ransom Canyon offers a blend of accessibility and a quieter, less congested environment compared to larger urban areas. Interested parties are encouraged to conduct their own due diligence to confirm zoning regulations and suitability for their intended use. This is a rare opportunity to secure a well-situated, sizable warehouse in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2006
Total area 7,080 SF
Lot 2.04 ac (89,080 SF)
APN R334918
UPID US82-4949104
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
AI Approach AI
by Request
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.11M
Owner & transaction history
JETX LLC
JETX LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +55.8%
Office building $1.1M +51.5%
Restaurant $785,000 +13.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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