5711 E FM 40

Industrial for Sale
Catylist Listing ID: 30630003
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 96,650 SF
Gross Building Area: See Agent
Gross Land Area: 15 Acres
Sale Price: $3,800,000
Unit Price: $39.32 PSF
Ceiling: 30 ft.
Docks/Doors: 7 Doors
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/12/2020

Overview / Comments

Heavy manufacturing facility for sale outside Lubbock City limits. The property has two (2) large warehouses totaling 91,139 SF and a 3,300 SF office building. There is a total of 16.38 acres of land with plenty of room for additional buildings. Both warehouses have multiple cranes, extensive electrical capabilities, and multiple large overhead doors.

Office Building with 3,300 SF
South Warehouse has 63,743 SF
North Warehouse has 27,396 SF
Twelve (12) cranes between the warehouses

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R69238
Zoning: OUTSIDE CITY LIMITS
Site Description: Located East of Loop 289 on E FM 40 (E 4th Street)
Year Built: 1997
Year Renovated: 2006
Overhead Cranes: 12
Interior Description: 10 - 5 ton cranes & 2 - 12.5 ton cranes

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,520 20,337
Median Age: 35.37 32.59
Households: 1,902 6,985

Contact

Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
Photograph of Listing Agent

Alison Blalock, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Lubbock Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.