707 Slaton Rd Lubbock, TX 79404
- Flex space
- 34,392 SF
- 1.56 lot acres
Current Use by Public Records
- Flex space
Property Details for 707 Slaton Rd
- Year built
- 1964
- Lot size
- 1.56 lot acres
- Property size
- 34,392 SF
- Zone code
- 38
- Property type
- Flex space
- APN
- R135712
- APU
- R135712
Description
This exceptional Lubbock, Texas industrial property offers 67,639 square feet of manufacturing space across five buildings situated on a 3.62-acre lot. Zoned LI, this facility is ideally suited for a variety of manufacturing operations. The asking price is $2,100,000, translating to $31.05 per square foot. The property boasts a strategic location on a high-traffic road, providing excellent access to transportation routes and logistics hubs. Three-phase power is available. This versatile space presents significant potential for expansion, with the option to purchase an adjoining property (Buildings F & G, per site plan) for further growth or development opportunities. This prime real estate in Lubbock County, Texas (zip code 79404) represents a rare opportunity to acquire a substantial industrial facility in a thriving location. The address is 707 Slaton Rd, Lubbock, TX.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $660,000
- 6.5%
- $575,000
- 7%
- $675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $680,000
- Geo Method
- $685,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $650,000
- Retail
- $625,000
- Mixed-Use
- $620,000
- Hospitality
- $635,000
- Educational
- $545,000
- Residential Income
- $755,000
- Energy
- $750,000
- Income-Based Land
- $745,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.828
- Latitude
- 33.5331
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA
