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510 Valencia Ave

11,400 SF Industrial Building Lubbock, TX 79416 $575,000 ($50/SF)

Executive Summary

This expansive 4.625-acre property offers an exceptional investment opportunity, ideal for a range of business endeavors, agricultural operations, or redevelopment projects. Central to the property is a fully renovated 2000 sqft metal office building, designed to support a thriving business environment with multiple private offices, open reception area, and a well-equipped kitchenette for added convenience. Complementing the office building is an 8,525 sq ft warehouse equipped with three 14' overhead doors that provide easy access for vehicles and equipment. Additionally, the property features an ag barn, complete with an overhead door and animal pens, which can be utilized or be repurposed for uses such as workshops, storage. Property is currently zoned R-1 but can continue to function for commercial use. Contact listing agent for more detail. The potential to enhance and transform this property is immense, don't miss out!

Property Facts

Price $575,000
Price Per SF $50
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 4.62 AC
Rentable Building Area 11,400 SF
No. Stories 1
Year Built 1985
Tenancy Single
No. Drive In / Grade-Level Doors 3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R116294
Land Assessment
$80,516
Improvements Assessment
$304,950
Total Assessment
$385,466

zoning

Zoning Code R-1
R-1
  • Listing ID: 32826567

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 510 Valencia Ave, Lubbock, TX 79416

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