8249 N. FM 1264

Special Purpose for Sale
Catylist Listing ID: 30510758
Building Status: Under Construction
Building Size (RSF): 17,100 SF
Gross Building Area: See Agent
Sale Price: $985,000
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/19/2021

Overview / Comments

The owners spared no expense building the this beautiful retail building with an office, storage, and bathroom upstairs. Building is impressive in design, heavily insulated, and has vinyl plank flooring throughout. 28 storage units, and 7 commercial shops. The retail is home to a liquor store and all storage and shop rentals are currently occupied by tenants. The retail building is approximately 250' x 50' wide, the 7 shops are approximately 29' x 50'. There is a motorized gate at the front entry where tenants are able to have access to storage and shops 24 hours. Entire property is fenced and the remaining land lends itself for a new owner to build more storage/shop rentals. Property has septic and well.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R131487
Total Number of Buildings: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,972 1,972 14,885
Median Age: 38.77 38.77 29.81
Households: 731 731 5,231


Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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