5402 FM 40 - Industrial FOR SALE


Lubbock, TX 79403
$1,200,000 USD
806-239-0804
5402 FM 40, Lubbock, TX for Sale
$1,200,000 USD
Industrial - FOR SALE
1/7
null | Request Cap Rate

5402 FM 40
Lubbock, TX 79403


OVERVIEW

The Powell Group is pleased to present an exceptional industrial opportunity located in a designated Opportunity Zone! - offering tax incentives for qualified investors. This property features two metal buildings, constructed in 2021, situated on 11.2 AC. Both buildings offer 16' clear heights, with the south building equipped with an 18x12' OH door and the north building featuring a 12'x12' OH door; building 1 has been finished out with HVAC system. This property also has two septics and one well. This asset is ideally suited for owner-users or investors seeking long term value and operational flexibility.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5402 E FM 40

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Outside City Limits

APN/PARCEL ID

R338600

ASK ABOUT THIS PROPERTY

David PowellKW LubbockMore Info
806-239-0804

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David PowellKW LubbockMore Info
806-239-0804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.