700 NE Loop 289

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700 NE Loop 289

Lubbock, TX 79403
Asking Price
$1.53M
Asset Type
Industrial Land
Class
Class B

What's Special

Land | 16.89 acres <ul><li>​Up to 16.9 Acres - Zoned Light Industrial (LI)</li><li>​Loop 289 Frontage & Visibility</li><li>​Suitable for Warehouse, Stack Lot, Light Industrial Development</li><li>​Utilities Located Adjacent</li></ul>

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NOI
$80,000
Cap Rate
5.21%
DSCR
0.88
Underwater
Cash-on-Cash
-2.42%
Monthly Payment
$7,594.342
Annual Cash Flow
$-11,132.11

Location & Travel Times