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    Lubbock, TX Assisted Living Facilities for Sale

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    Healthcare Facility Redevelopment Opportunity
    Updated: Jul 27
    Healthcare Facility Redevelopment Opportunity

    1601 Vanda Ave, Lubbock, TX 79403

    $210,000
    8,638 sqft
    8,638± SF commercial property built in 1964 with an existing healthcare facility layout
    Floor plan includes numerous private rooms plus multiple common areas and administrative space
    Owner financing available
    Property is positioned with access to major highways and key transportation corridors
    Potential adaptive reuse options include assisted living, memory care, behavioral health, rehab, medical offices, and educational facilities (subject to zoning and buyer verification)
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 1 Active listings in Lubbock, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Assisted Living Facility
    Turnkey Assisted Living Facility

    100 N Bryan Street, Borger, TX 79007

    $300,000
    4,232 sqft

    Turnkey assisted living facility with 10 bedrooms, 5.5 bathrooms, a full kitchen, dedicated laundry, and a private office.

    View details
    Assisted Living Facility with Full Kitchen
    Assisted Living Facility with Full Kitchen

    100 N Bryan Street, Borger, TX 79007

    $300,000
    4,232 sqft

    Brick-veneer facility with resident amenities, dedicated office space, and on-site parking.

    View details
    Assisted Living Facility with Private Rooms
    Assisted Living Facility with Private Rooms

    2600 S 9th St, Tucumcari, NM 88401

    $649,000
    0.73 AC lot

    Assisted living facility with 15 private rooms, multiple ADA-compliant bathrooms, and an on-site laundry area.

    View details
    Assisted Living Facility
    Assisted Living Facility

    2600 S. 9th St, Tucumcari, NM 88401

    Contact for pricing
    31,923 sqft

    Well-maintained assisted living property with 15 private rooms, commercial-style kitchen, dedicated office, and shared dining area.

    View details

    Off-Market Properties in Lubbock, TX

    Consider similar Off-Market properties in Lubbock, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5301 University Ave
    HOMES (RETIRED, NURSING)

    5301 University Ave, Lubbock, TX 79413-4940

    $755,000
    Estimated value
    54,742 sqft 2.17 AC lot
    View details
    4710 Slide Rd
    HOMES (RETIRED, NURSING)

    4710 Slide Rd, Lubbock, TX 79414-3404

    $570,000
    Estimated value
    35,274 sqft 2.13 AC lot
    View details
    14711 Fm 1730
    HOMES (RETIRED, NURSING)

    14711 Fm 1730, Lubbock, TX 79424-6640

    $265,000
    Estimated value
    7,308 sqft 1.20 AC lot
    View details
    6806 43rd St
    HOMES (RETIRED, NURSING)

    6806 43rd St, Lubbock, TX 79407-1947

    $1,075,000
    Estimated value
    99,033 sqft 4.20 AC lot
    View details
    2613 34th St
    HOMES (RETIRED, NURSING)

    2613 34th St, Lubbock, TX 79410-3519

    $280,000
    Estimated value
    7,657 sqft 0.52 AC lot
    View details
    4910 Emory St
    HOMES (RETIRED, NURSING)

    4910 Emory St, Lubbock, TX 79416-3026

    $860,000
    Estimated value
    43,089 sqft 3.58 AC lot
    View details
    6317 112th St
    HOMES (RETIRED, NURSING)

    6317 112th St, Lubbock, TX 79424-7825

    $330,000
    Estimated value
    9,386 sqft 1.43 AC lot
    View details
    10711 Indiana Ave
    HOMES (RETIRED, NURSING)

    10711 Indiana Ave, Lubbock, TX 79423-6183

    $1,280,000
    Estimated value
    65,798 sqft 4.11 AC lot
    View details
    9812 Vinton Ave
    HOMES (RETIRED, NURSING)

    9812 Vinton Ave, Lubbock, TX 79424-6376

    $965,000
    Estimated value
    48,205 sqft 3.02 AC lot
    View details
    6502 4th St
    HOMES (RETIRED, NURSING)

    6502 4th St, Lubbock, TX 79416-3728

    $680,000
    Estimated value
    28,533 sqft 3.64 AC lot
    View details
    4120 22nd Pl
    HOMES (RETIRED, NURSING)

    4120 22nd Pl, Lubbock, TX 79410-1122

    $675,000
    Estimated value
    25,292 sqft 2.08 AC lot
    View details
    3026 54th St
    HOMES (RETIRED, NURSING)

    3026 54th St, Lubbock, TX 79413-4230

    $1,670,000
    Estimated value
    88,998 sqft 7.56 AC lot
    View details
    4306 24th St
    HOMES (RETIRED, NURSING)

    4306 24th St, Lubbock, TX 79410-1818

    $590,000
    Estimated value
    22,642 sqft 1.28 AC lot
    View details
    4320 19th St
    HOMES (RETIRED, NURSING)

    4320 19th St, Lubbock, TX 79407-2407

    $560,000
    Estimated value
    40,078 sqft 2.89 AC lot
    View details
    Milwaukee Ave
    HOMES (RETIRED, NURSING)

    Milwaukee Ave, Lubbock, TX 79407

    $425,000
    Estimated value
    17,769 sqft 3.00 AC lot
    View details
    4601 71st St
    HOMES (RETIRED, NURSING)

    4601 71st St, Lubbock, TX 79424-2200

    $1,245,000
    Estimated value
    116,038 sqft 5.00 AC lot
    View details
    6640 Iola Ave
    HOMES (RETIRED, NURSING)

    6640 Iola Ave, Lubbock, TX 79424-7845

    $1,220,000
    Estimated value
    66,228 sqft 6.00 AC lot
    View details
    2400 Quaker Ave
    HOMES (RETIRED, NURSING)

    2400 Quaker Ave, Lubbock, TX 79410-1834

    $395,000
    Estimated value
    19,274 sqft 1.47 AC lot
    View details
    4403 74th St
    HOMES (RETIRED, NURSING)

    4403 74th St, Lubbock, TX 79424-2307

    $545,000
    Estimated value
    24,236 sqft 1.80 AC lot
    View details
    5501 34th St
    HOMES (RETIRED, NURSING)

    5501 34th St, Lubbock, TX 79407-3309

    $310,000
    Estimated value
    3,817 sqft 0.33 AC lot
    View details
    5301 66th St
    HOMES (RETIRED, NURSING)

    5301 66th St, Lubbock, TX 79424-1369

    $1,035,000
    Estimated value
    66,538 sqft 3.65 AC lot
    View details
    5204 Elgin Ave
    HOMES (RETIRED, NURSING)

    5204 Elgin Ave, Lubbock, TX 79413-4420

    $510,000
    Estimated value
    27,305 sqft 2.50 AC lot
    View details
    6410 Erskine St
    HOMES (RETIRED, NURSING)

    6410 Erskine St, Lubbock, TX 79416-3362

    $1,065,000
    Estimated value
    61,842 sqft 2.95 AC lot
    View details

    Lubbock, TX Assisted Living Facilities Market Trends and Statistics

    Explore 28 assisted living facilities for sale in Lubbock, TX on our real estate platform. These investment opportunities span a total of 8,638 square feet of properties for sale, with an estimated market value of $210,000.

    Sale prices for assisted living facilities in Lubbock, TX average $210,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 5
    Spa & wellness properties 3
    Hospitals 2
    Medical space 2
    Assisted living facilities 1

    Demographics Overview

    Population 286K
    Population Growth (5Y) +0.1%
    Median Household Income $66,110
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Lubbock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79403 $220K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $22.36 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lubbock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lubbock County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Lubbock fall within the 10,000 to 25,000 square foot range.

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    Featured Lubbock Real Estate Agencies

    Realmo connects you with licensed Lubbock CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Trusted Advisors
    4924 S Loop 289 Lubbock, TX 79414
    Phone: 18067843222
    www.cblubbock.com
    LMAX LP
    4703 S. Loop 289 Lubbock, TX 79424
    Phone: 18067994200
    www.remaxlubbock.com

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