2602 E Bluefield Str

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2602 E Bluefield Str

Lubbock, TX 79424
Asking Price
$2.70M
Asset Type
Land
Class
Class B

What's Special

2602 E Bluefield Street is located in East Lubbock, situated within an established industrial and commercial corridor. The property offers proximity to major regional transit routes, including U.S. Route 84 and Interstate 27, facilitating efficient logistical access across the South Plains. The surrounding neighborhood is characterized by a mix of heavy commercial operations, distribution centers, and light industrial facilities. Nearby amenities include essential infrastructure and service providers catering to industrial business needs, with the site being well-positioned to serve the greater Lubbock metropolitan area. This land asset is suited for development into an outdoor storage yard, equipment rental facility, or light industrial warehouse. Given the local zoning and surrounding land use, the site is ideal for tenants requiring significant surface area for fleet parking or building materials storage. Typical occupants for this location include construction contractors, logistics firms, and small-scale manufacturing businesses seeking a central hub with straightforward ingress and egress. The property provides a functional foundation for businesses looking to capitalize on Lubbock’s role as a regional trade and distribution center.

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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522

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