Industrial shops on High traffic area

Industrial for Sale
Catylist Listing ID: 30587320
Property Subtypes: Light Industrial
Building Size (RSF): 7,250 SF
Gross Building Area: See Agent
Gross Land Area: 0.75 Acres
Sale Price: $675,000
Unit Price: $93.10 PSF
Docks/Doors: 14 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2020

Overview / Comments

Possible multi user property, currently North front 1514 SF is leased at $6 PSF, leaving 2 shops Possible multi user property, currently North front 1000 SF is leased at $6 PSF, or additional office space for an owner occupant. North shop built in 2019 consists of 4000 SF spray foam insulated shop with 14x14 overhead door 3 phase power and Pnumatic lines run through out. South Shop is 3250 SF with 14x14 overhead and 10x12 overhead doors, and 2ton overhead crane. Front office reception area, full bath and laundry hook ups. Property sits of 3/4 Acre with a 30 ft easement road on the north side. Property does require flood insurance.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R327871
Zoning: COUNTY
Site Description: Fm 2528 Frontage, front office and back shops
Area Description: North property has open space, small office and bath room. Large back shop connecting to south shop, which also has Reception area, office, full bath and laundry area. Small stack area to the rear and front parking.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,250 SF
Property Condition: Average
Year Built: 1975
Year Renovated: 2019
Roof Type: Gable
Construction/Siding: Aluminum Siding
Parking Type: Surface
Total Parking Spaces: 11
Amps: 400
X-Phase: 3 phase
Heat Type: Electricity, Space Heaters
Heat Source: Central
Air Conditioning: Window Unit
Lighting: LED
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,298 79,623
Median Age: 29.08 28.89
Households: 6,715 29,545

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