8312 98Th StWolfforth, TX 79382

Property Details for 8312 98Th St

Year built

2022

Lot size

1.37 AC

Property size (Sq ft)

6,818 SF

Zone code

16

Property type

Office buildings

APN

R67799

APU

R67799

Description

This exceptional industrial property, located at 8312 98th Street in Wolfforth, Texas, offers a unique opportunity for a single tenant. The property encompasses a total of 3,258 square feet of building space situated on a substantial 60,104 square foot lot in Lubbock County, zip code 79382. The property features a fully fenced yard with secure keypad entry and an electric gate, providing enhanced security. The complex comprises four buildings, with two available for lease. Leasing includes shared use of the enclosed yard space. The office area, totaling 2,600 square feet, boasts a welcoming reception area, a large open office space, two sizable private offices, a convenient break room/kitchen, and a private bathroom. A 1,658 square foot shop area is also included, featuring a fully insulated interior, a restroom, and two car lifts for tenant use. This property is ideal for a manufacturing business seeking a secure, well-equipped, and spacious facility in a convenient location. The property is classified as industrial manufacturing and is a single-tenant occupancy. This turnkey solution offers immediate access to a functional and well-maintained workspace. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,011,511

  6.5%

  $933,702

  7%

  $867,009

• Comparable approach

  Method

  Valuation

  Relative Method

  $608,276

  Geo Method

  $820,342

• Alternative Use

  Use

  Valuation

  Residential

  $1,157,791

  Hospitality

  $1,060,530

  Educational

  $882,349

  Medical

  $912,694

  Retail

  $1,372,542

Location Insight

City

Wolfforth

County

Lubbock

State

Texas

Latitude

33.5058

Longitude

-102.001

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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