2722-2724 Texas Ave - Warehouse FOR SALE


Lubbock, TX 79411- Slaton-Bean | 
$525,000 USD
806-787-4779
2722-2724 Texas Ave, Lubbock, TX for Sale
$525,000 USD
Warehouse - FOR SALE
1/24
null | Request Cap Rate

NEW


2722-2724 Texas Ave
Lubbock, TX 79411
Slaton-Bean


HIGHLIGHTS

  • 3.4 Acres
  • Flood Zone: Yes
  • Could serve multi-tenant concepts

OVERVIEW

This redevelopment opportunity sits on 3.4 acres of land located on the west side of I-27 near Downtown Lubbock, TX on the I-27 access road. There is a concrete parking lot that serves the three buildings. The red building is new, and approximately 2,000 sq ft. The front building has frontage to I-27, two restrooms and has the equipment in place for the next owner to install central HVAC. The buildings adjacent to the west of the front building have five grade level overhead doors, 4 of which are motorized. The property is connected to City of Lubbock utilities. This property is likely best considered a redevelopment opportunity due to the function obsolescence of the main building. This is a rare opportunity to redevelop a property I-27 frontage access ideal for industrial, service, or auto related businesses. Contact broker to discuss details or schedule a private tour.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

4

LAND DETAILS

LAND ACRES

3.4

LAND SF

148,104

ZONING

HC

APN/PARCEL ID

R120495

ASK ABOUT THIS PROPERTY

Jef Conn, SIOR CCIMColdwell Banker Commercial Capital AdvisorsMore Info
806-787-4779

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Jef Conn, SIOR CCIMColdwell Banker Commercial Capital AdvisorsMore Info
806-787-4779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.