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Property profile & analytics
FOR LEASE
Office buildings

8312 98Th St Wolfforth, TX 79382

6,818 SF 1.37 ac lot Built 2022
Individually Owned 4-yr Hold Free & Clear
Property ID
US83-3036595
Property summary
AI-generated overview

This exceptional industrial property, located at 8312 98th Street in Wolfforth, Texas, offers a unique opportunity for a single tenant. The property encompasses a total of 3,258 square feet of building space situated on a substantial 60,104 square foot lot in Lubbock County, zip code 79382. The property features a fully fenced yard with secure keypad entry and an electric gate, providing enhanced security. The complex comprises four buildings, with two available for lease. Leasing includes shared use of the enclosed yard space. The office area, totaling 2,600 square feet, boasts a welcoming reception area, a large open office space, two sizable private offices, a convenient break room/kitchen, and a private bathroom. A 1,658 square foot shop area is also included, featuring a fully insulated interior, a restroom, and two car lifts for tenant use. This property is ideal for a manufacturing business seeking a secure, well-equipped, and spacious facility in a convenient location. The property is classified as industrial manufacturing and is a single-tenant occupancy. This turnkey solution offers immediate access to a functional and well-maintained workspace. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2022
Total area 6,818 SF
Lot 1.37 ac (59,677 SF)
Zoning code 16
APN R67799
UPID US83-3036595
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
  • Mr. W Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James Thomas · 4 yrs held
James Thomas
since 2022
6 recorded transactions
2022
Price N/A
2022
Price N/A
2020
Price N/A
2016
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
16 · Wolfforth, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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