Hospital

Lubbock, TX Hospitals for Sale

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Medical Center Referral District
Updated: Jun 4
Medical Center Referral District

4324 23rd St, Lubbock, TX 79410

$2,500,000
Year built: 1971.
Regional medical referral hub featuring over 5 million SF of medical space.
Includes hospitals, clinics, research centers, and educational facilities.
Serves over 1.2 million people across West Texas, Eastern New Mexico, and the Texas Panhandle.
Draws patients from over 100 counties for specialized care.
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See hot listings in Lubbock

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lubbock, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Hospital Building with Office Space
Hospital Building with Office Space

707 N Waldrip, Grand Saline, TX 75140

$600,000
18,574 sqft 1.80 AC lot

Brick healthcare property with public utilities, central air, and electric cooling.

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Multi-Building Hospital Campus
Multi-Building Hospital Campus

707 N Waldrip St, Grand Saline, TX 75140

$949,000
18,574 sqft

Former full-service hospital offers duplex-style buildings and a customizable addition for medical and commercial operations.

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Multi-Building Mixed-Use Property
Multi-Building Mixed-Use Property

7 Private Dr, Embudo, NM 87527

$960,000
35,000 sqft

Five houses, a former hospital, and a dental office sit across a large property with well and septic service.

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Medical Center Redevelopment Campus
Medical Center Redevelopment Campus

Embudo, NM 87527

Contact for pricing
35,000 sqft

Multi-structure rural campus combines healthcare buildings, residences, wells, electrical infrastructure, and a septic system.

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Lubbock, TX Hospitals Market Trends and Statistics

Explore 1 hospitals for sale in Lubbock, TX on our real estate platform.

Sale prices for hospitals in Lubbock, TX average $2,500,000 — 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
Assisted living facilities 1
Hospitals 1
Medical space 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
79410 $2.5M

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)

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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