Two Industrial Bldgs on 1.3 AC — Sale in Lubbock, TX

  • Price: $720K
  • Listing type: For sale
  • Asset type: Business
  • Location: Lubbock, TX 79423
  • Size: 9,000 SF

Investment Figures

Price per square foot
$80

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

2 Buildings on 1.3 acres. Build 1 is 4,000 square feet, built in 2003, has 3 overhead doors. Building 2 is 5,000 square feet, built in 2013 with 3 overhead doors. Both buildings have HVAC through out. Units are less tha 3 years old. Current use is gamerooms so the roll up overhead doors have been boarded up to seal the buildings. Property is fenced in and has an electric gate. 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. Both buildings are currently leased through May 2025. Per owner, income for both is $10,500/month, taxes & insurance approximately $15,000 year. Building SF: 9000 | Land Size: 1.3 Ac | Listing Type: FOR SALE

Market Context

This commercial property in Lubbock, TX is listed for sale at $720,000 across 9,000 SF ($80/SF). It has been on the market for 71 days. Compare it against other commercial property listings for sale in Lubbock, TX — view the full market.

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