This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3211 116th St
Lubbock, TX 79423
Specialty Property For Sale
·
30,600 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 30,600 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 2011 |
| Lot Size | 10.00 AC | Parking Ratio | 0.49/1,000 SF |
| Zoning | - | ||
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 10.00 AC |
| Building Size | 30,600 SF |
| No. Stories | 1 |
| Year Built | 2011 |
| Parking Ratio | 0.49/1,000 SF |
| Zoning | - |
ABOUT 3211 116TH ST , LUBBOCK, TX 79423
Here is a rare chance to own an established storage unit complex!!! With a great location and lots of room to expand, this one will be a money maker. With built in automated systems, a single part-time employee can easily manage the entire property with ease. This property includes 241 Storage Units on 10.03 acres, located right off of Indiana on 116th st. The NOI is $125,000 and has potential to vastly increase. The property consists of 4 buildings, including a full functioning office with restroom, security gates, cameras, and a large tract of land behind storage buildings. . Occupancy rates for the units stay around 90% and there are several acres of unused land that could be used for expansion. There is a tower on the property that can be leased back to the owners to add income to the property. There is a combination of climate controlled units, dust free units and non climate controlled units. Entire package is 10.03 acres and approximately 8 acres are not being utilized. Call for more info
PROPERTY TAXES
| Parcel Number | R54929 | Improvements Assessment | $698,606 |
| Land Assessment | $951,394 | Total Assessment | $1,650,000 |
PROPERTY TAXES
