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29648970
29648971

12814 Private Rd 2480, Lubbock, TX 79423

MN
TX 835970
Keller Williams Realty
MV
TX 737461
Keller Williams Realty
Listed by Keller Williams Realty
$675,000
747 days on market
Updated 10 days ago

2 Industrial Buildings on 1.3 Acres

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 9,000
Cap Rate 1.33%
NOI $9,000
Occupancy 100%
Tenancy Vacant
Price per SqFt $75
Class C
Stories 1
Lot Size (SqFt) 1.3
Zoning County
Investment Type Owner/User

Industrial | 1.33% CAP | 9,000 SqFt

Marketing description

Now presenting 12814 Private Road 2480. Strategically positioned just off I-27/Highway 87, this property enjoys convenient accessibility for visitors. The original structure was constructed in 2003 spanning 5,000 square feet, complemented by a subsequent 4,000 square foot addition in 2013. With a durable metal roof and strategically placed skylights, the property exudes both longevity and natural illumination, enhancing its appeal. Functionality is optimized through the utilization of both electricity and natural gas, catering to diverse operational needs.

This property offers versatility in potential usage and expansion opportunities. The presence of ample parking facilities ensures ease of access for clientele, further augmenting its attractiveness as a viable investment prospect. This property presents a compelling proposition for individuals seeking to capitalize on its prime location, robust infrastructure, and potential for revenue generation within the burgeoning entertainment or commercial sectors.

Listing Contacts

MN
TX 835970
Keller Williams Realty
MV
TX 737461
Keller Williams Realty
Listed by Keller Williams Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$9,000.00
$750.00/mo

Valuation Metrics

0
DSCR
1.33%
Cap Rate
1.33%
ROI

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Additional Information

Name
Matt Nuckolls
License
835970
Brokerage Phone
806-470-6325
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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