708 Loop 289Lubbock, TX 79404
- Commercial real estate
- 30,300 SF
Property Details for 708 Loop 289
- Year built
- 2016
- Lot size
- 1.80 AC
- Property size (Sq ft)
- 30,300 SF
- Zone code
- 38
- Property type
- Commercial real estate
- APN
- R106483
- APU
- R106483
Description
This exceptional industrial property in Lubbock, Texas, offers a unique opportunity for businesses seeking versatile warehouse space. The property boasts two buildings totaling 30,300 square feet, situated on a 1.8-acre lot with convenient SE Loop 289 frontage. The original 8,300-square-foot building, constructed in 1971 and renovated in 2016, features two offices, a break room, two restrooms, open warehouse space, and two drive-thru bays—one equipped with a floor drain. The second building, a 22,000-square-foot structure built in 2016, offers an open reception/showroom area, an office, a restroom, and ample warehouse space. This newer building is equipped with substantial 2,800 amp 3-phase electrical service, compressed air lines throughout, two ten-ton HVAC units, and four overhead doors. Both buildings are fully fenced and enclosed, providing secure parking and stack yard areas. The property is conveniently located at 708 SE Loop 289, Lubbock, TX 79404, and is zoned Light Industrial (LI), allowing for a variety of industrial uses, including warehousing, distribution, and light assembly. Minimum divisible space is 8,300 square feet, with a maximum contiguous space of 30,300 square feet. Importantly, this property is not located in a flood zone. The City of Lubbock's Unified Development Code, effective October 1, 2023, further clarifies permitted uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,145,360
- Hospitality
- $4,713,122
- Educational
- $3,921,262
- Medical
- $4,056,120
- Retail
- $6,099,741
Location Insight
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Latitude
- 33.5286
- Longitude
- -101.829
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].