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11703 Indiana Ave
Lubbock, TX 79423

South Indiana Retail/Industrial Bldg · Industrial Property For Sale

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Investment Highlights

114th & Indiana Ave Corridor
Less than 1 mile to new Loop 88

High Retail Development
Improvements include 12 offices, 6 bathrooms, partitioned spaces/entrances

Executive Summary

19,550 Square foot retail building on 2.27 acres, located in the Southern Indiana Avenue Corridor. High daily traffic count (18,214), premier frontage (350' on Indiana Ave) and corner lot access all make this investment open for many uses. Currently zoned as Auto-Urban Commercial with use permission extending from retail auto sales and medical/educational to commercial ammusement/entertainment. Currently built out and partitioned into 12 offices, 5 large rooms and 6 restrooms with 4 main entrances on the Indiana Ave Frontage (west) side and 3 main entrances on the East Side. The 2.27 acres are broken up into 2 contiguous tracts of 0.74 acres at 11601 Indiana Ave and 1.53 acres at 11703 Indiana Ave. Currently built 95 parking spots do not include the .74 acre of land.

PROPERTY FACTS

Sale Type	Investment or Owner User	Number of Floors	1
Property Type	Industrial	Year Built/Renovated	2008/2022
Property Subtype	Warehouse General Retail Storefront Retail/Office	Tenancy	Single
Building Class	C	Parking Ratio	5.47/1,000 SF
Lot Size	2.27 AC	Level Access Doors	7
Rentable Building Area	19,550 SF

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse General Retail Storefront Retail/Office
Building Class	C
Lot Size	2.27 AC
Rentable Building Area	19,550 SF
Number of Floors	1
Year Built/Renovated	2008/2022
Tenancy	Single
Parking Ratio	5.47/1,000 SF
Level Access Doors	7

Amenities

Signage

Air Conditioning

Lighting
Gas
Water
Sewer
Heating

PROPERTY TAXES

Parcel Number	R77324	Improvements Assessment	£634,296
Land Assessment	£363,928	Total Assessment	£998,225

PROPERTY TAXES

Parcel Number

R77324

Land Assessment

£363,928

Improvements Assessment

£634,296

Total Assessment

£998,225

zoning

Zoning Code	C3 (Auto-Urban Commercial under the new UDC.)
C3 (Auto-Urban Commercial under the new UDC.)

Listing ID: 33396452
Date on Market: 03/10/2024
Last Updated:
Address: 11703 Indiana Ave, Lubbock, TX 79423

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