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1002 Teak ave
Lubbock, TX 79403
1002 Teak Ave · Industrial Property For Sale
Executive Summary
Positioned just east of Interstate Highway 27 and downtown Lubbock, this industrial complex offers a rare opportunity to acquire over 50,000 square feet of industrial improvements on approximately 9 fenced acres with frontage along Broadway Avenue. Located within one of West Texas’ most strategic transportation corridors, the property is well-suited for manufacturing, fabrication, distribution, storage, or redevelopment opportunities. Due to its location, it potentially qualifies for East Lubbock grant money.
The site features multiple industrial buildings, a dedicated office structure, crane-served manufacturing space, and substantial outdoor stack yard area designed to support heavy industrial operations. Several buildings were constructed as recently as 2006, providing a combination of functional infrastructure and long-term operational flexibility.
As Lubbock continues to experience growth as a regional logistics, manufacturing, and distribution hub, properties positioned along the expanding Ports-to-Plains Corridor and Interstate 27 corridor are becoming increasingly valuable. The future Interstate 27 expansion and continued investment into the Ports-to-Plains trade route are expected to further strengthen freight mobility and regional connectivity throughout West Texas and beyond.
This property also presents a compelling value-add investment opportunity for a buyer seeking a multi-tenant industrial redevelopment project with excellent access to downtown Lubbock, Interstate 27, and major transportation routes throughout the region.
Call for additional information or to schedule a private tour of this exceptional industrial property in an opportunity zone.
The site features multiple industrial buildings, a dedicated office structure, crane-served manufacturing space, and substantial outdoor stack yard area designed to support heavy industrial operations. Several buildings were constructed as recently as 2006, providing a combination of functional infrastructure and long-term operational flexibility.
As Lubbock continues to experience growth as a regional logistics, manufacturing, and distribution hub, properties positioned along the expanding Ports-to-Plains Corridor and Interstate 27 corridor are becoming increasingly valuable. The future Interstate 27 expansion and continued investment into the Ports-to-Plains trade route are expected to further strengthen freight mobility and regional connectivity throughout West Texas and beyond.
This property also presents a compelling value-add investment opportunity for a buyer seeking a multi-tenant industrial redevelopment project with excellent access to downtown Lubbock, Interstate 27, and major transportation routes throughout the region.
Call for additional information or to schedule a private tour of this exceptional industrial property in an opportunity zone.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Rentable Building Area | 39,015 SF |
| Sale Conditions | No. Stories | 1 | |
| Property Type | Year Built/Renovated | 1945/2006 | |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 4.69 AC |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| Property Type | |
| Building Class | B |
| Lot Size | 4.69 AC |
| Rentable Building Area | 39,015 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1945/2006 |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Number | R85531 | Improvements Assessment | $653,054 CAD |
| Land Assessment | $14,015 CAD | Total Assessment | $667,069 CAD |
Property Taxes
Parcel Number
R85531
Land Assessment
$14,015 CAD
Improvements Assessment
$653,054 CAD
Total Assessment
$667,069 CAD
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