Auto Transmission Business with Real Estate

Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30272797
Property Subtypes: Light Industrial
Building Size (RSF): 4,768 SF
Gross Land Area: 45,240 SF
Sale Price: $425,000
Unit Price: $89.14 PSF
Ceiling: 13 ft. Clear
Office SF: 500 SF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2018

Overview / Comments

This listing is for a automotive transmission business with the 4,768 SF building and land. The building sits on about 45,240 SF of land. The entire perimeter is fenced. There is a reception area, private office and restroom in the front of the building. The shop area is divided into a parts area, transmission rebuild area, and garage area with restroom. The garage area has five overhead doors; four on the east side of the building and one on the west. There are 12'x14', 20'x14' and three 9'x10' overhead doors. There are four inside lifts and one lift outside.
The roof slopes from a beam clearance of 13'-3" in the front to 12'1 in the rear.
All of the business assets will convey with the purchase.
Business financials will be provided with a confidentiality agreement.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R150701
Zoning: OUTSIDE THE CITY
Highway Access: The property is on 114th street (CR7300) about 1/2 a mile east of US87/I27.
Site Description: The entire lot is paved.
Area Description: The area is predominately small light industrial users.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Roof Type: Hip
Construction/Siding: Block
Exterior Description: There are two building. The smaller is all steel construction. the larger is block with steel beams and trusses.
Parking Type: Surface
Sprinklers: None
Zoning Description: Outside the City limits
Lot Frontage: 200
Lot Depth: 225
Water Service: Well
Sewer Type: Septic

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The information presented herein is provided as is, without warranty of any kind. Neither Lubbock Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.