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!
Discover the potential of 4212 N Frankford Ave, a standout industrial property offering 12,005 sqft of rentable space ideally situated on a sprawling 2.03-acre lot. This exceptional property features three out of four units that are currently leased, providing immediate income with the flexibility for an owner-user to occupy the available space while benefiting from existing tenant revenues. Key highlights of this property include oversized garage doors, complemented by office spaces in both end units. Private well on-site. Located less than a mile from Highway 84 and outside city limits, this property promises both convenience and reduced regulatory burdens, making it an attractive site for businesses looking to expand. The ample lot size offers vast potential for future expansion. Whether you're looking to establish your business operations or expand your investment portfolio, 4212 N Frankford Ave presents a unique opportunity in the heart of Lubbock's thriving industrial sector.
The median home value in Lubbock, TX is $200,600. This is higher than the county median home value of $192,500. The national median home value is $338,100. The average price of homes sold in Lubbock, TX is $200,600. Approximately 46.22% of Lubbock homes are owned, compared to 44.18% rented, while 9.6% are vacant. Lubbock real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lubbock real estate agent to arrange a tour today!
Lubbock, Texas 79416 has a population of 255,537. Lubbock 79416 is less family-centric than the surrounding county with 28.26% of the households containing married families with children. The county average for households married with children is 31.73%.
The median household income in Lubbock, Texas 79416 is $54,060. The median household income for the surrounding county is $56,529 compared to the national median of $69,021. The median age of people living in Lubbock 79416 is 29.8 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 20.1 inches per year, with 7.1 inches of snow per year.