Property profile

712 County Road 7300 Lubbock, TX 79404

FOR SALE
Warehouses
Property ID
US82-1799123
8,400 SF 1 ac lot Built 2017
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2-acre property presents a rare opportunity for industrial development in Lubbock, Texas. Located at the high-traffic intersection of Highway 87 and 114th Street, this hard corner lot boasts unparalleled visibility and accessibility. The site is zoned for industrial use and is surrounded by a thriving commercial and industrial landscape, including established businesses such as Cook's Garage. This strategic location within Lubbock's rapidly expanding area offers significant potential for growth and return on investment. The property's prominent position ensures maximum exposure to a large volume of daily traffic, making it ideal for businesses seeking high visibility and convenient access for customers and employees. The 2-acre lot provides ample space for a variety of industrial uses, allowing for significant development and expansion opportunities. This is a truly unique opportunity to acquire a prime piece of real estate in one of Lubbock's most dynamic growth corridors. The asking price is $1,393,920. Ownership is held by IRON HORSE ESTATES LLC. The property is located at 712 County Rd 7300, Lubbock, TX 79404. Broker co-op is available.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2017
Total area 8,400 SF
Lot 1 ac (43,560 SF)
APN R331625
UPID US82-1799123

Cap rate & NOI

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

Location

712 County Road 7300 Lubbock, TX 79404
Lubbock metro Census 10513 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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