1414 E 34th

Industrial for Sale
Catylist Listing ID: 30334859
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 5,000 SF
Gross Land Area: 2.86 Acres
Sale Price: $225,000
Unit Price: $45 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2018

Overview / Comments

This 2.86 acre property is located at the SW corner of the intersection of E 34th at Martin Luther King Jr Blvd. It is east of Lubbock Auto Auction and immediately west of the MLK overpass at E 34th street. The property is fenced except for the NE corner of the tract. The property offered for sale is Tracts B and C of the Clement Chevy Craft Addition which was a replat of the property in 2008. A Phase I study was completed on the property prior to the present owner's purchase of the property. A copy of the study is available for check-out for a qualiified purchaser's review. The 5,000 sq ft metal building was built in 1992. It has only electical service but water and sewer connections are available on site which formerly serviced a pre-existing building. There are three overhead doors and three pedestrian doors. The floor is asphalt.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock Central Appraisal District
Tax ID/APN: R33982 and R34008
Zoning: M-1
Number of Stories: 1
Property Condition: Average
Year Built: 1992
Construction/Siding: Metal Siding
Parking Type: Surface
Zoning Description: M-1 Light Industrial
Land Ownership: Steven R and Karen S Usherwood Revocable Trust
Legal Description: Tracts B & C, Clement Chevy Craft Addition, City of Lubbock, Lubbock County, Texas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,837 56,407 134,267
Median Age: 26.43 29.37 31.68
Households: 653 20,245 48,711

Contact

Photograph of Listing Agent

Joe Murfee

Murfee and Sons, Inc.
West Texas CIE Member
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