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220 30TH ST
LUBBOCK, TX 79404
Asking Price
$1.50M
Asset Type
Distribution Industrial
Class
Class B
What's Special
Industrial Yard/Contractors Yard/Outdoor Storage <p>INDUSTRIAL / COMMERCIAL LAND FOR SALE OR LEASE</p><p>**Newly installed Commercial 6' chain link fence with (4) 20' Wide Cantilever Gates.</p><p>+/- 4.5 Acres M-1 Light Industrial Contractors / Construction / Lumber / Railroad / Trucking Yard.</p><p>Contractors / Construction / Trucking Yard</p><p>Immediate access to I-27</p><p>Less than a 1 mile from US-62</p><p>Proximity Information</p><p>Less than 2hrs from Amarillo, Midland, & Odessa</p>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
