Built 2025 Medical Office
10933 Wayne Avenue Lubbock, TX 79424
For Sale
$1,450,000
COMMERCIAL - Lubbock, TX
Property Size4,570 SF
Lot Size0.40 Acres
Price / SF$317.29
Days on Market24
Property Features for 10933 Wayne Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Parking Lot
- Security features
- Security System
- Standard status
- Active
- APN
- R353416
- Size
- 4,570 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- Epic North Tr K
- Tax Annual Amount
- 2535
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Flooring type
- Vinyl
- Building materials
- Brick, Stone
- Roof type
- Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Benjamin Hargrove · License #0672833
(806) 786-5838
Added: Jul 2
Last Checked: Jul 25 at 5:06AM
MLS# 202609009
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2025, this 4,570-square-foot medical office building at 10933 Wayne Avenue is designed for professional practices needing a functional, patient-ready layout. The interior includes 12 private offices/exam rooms, a centrally located nurses’ station, a reception area, and a spacious waiting room to support client and patient flow. An executive office suite with a private restroom offers additional space for ownership or senior leadership, while two public restrooms, a dedicated employee restroom, and a staff break lounge round out everyday operational needs.
The property is located in Lubbock, Texas, near the new UMC Hospital, positioning it for medical, wellness, and other professional users looking for convenient proximity to a major healthcare destination.
With its private room configuration, centralized nurses’ station, and dedicated reception and waiting spaces, the building can support a range of healthcare and professional operations, including medical specialists, wellness providers, legal practices, counseling services, and multi-provider offices. For buyers seeking a newer, turnkey facility with an immediately usable floor plan, this property offers a practical, purpose-built foundation for day-to-day operations.
The property is located in Lubbock, Texas, near the new UMC Hospital, positioning it for medical, wellness, and other professional users looking for convenient proximity to a major healthcare destination.
With its private room configuration, centralized nurses’ station, and dedicated reception and waiting spaces, the building can support a range of healthcare and professional operations, including medical specialists, wellness providers, legal practices, counseling services, and multi-provider offices. For buyers seeking a newer, turnkey facility with an immediately usable floor plan, this property offers a practical, purpose-built foundation for day-to-day operations.
Key Highlights
- 4,500+ SF professional office building under construction, built in 2025
- Floor plan includes 12 private offices/exam rooms plus a centrally located nurses' station
- Reception and spacious waiting room, designed for client/patient traffic flow
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.4k | $24.60 |
| − Vacancy | −$10.1k | −$2.21 |
| EGI | $102.3k | $22.39 |
| − OpEx | −$40.9k | −$8.95 |
| NOI | $61.4k | $13.43 |
4,570 SF · lease $24.60/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$876.9K
$767.3K – $1.02M
NOI $61,382 @ 7.0% cap · market cap 4.23%
Second Best
Office B
$853.4K
$746.8K – $995.7K
NOI $59,741 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,648 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Off Market Nearby
- Animal Medical Center — 10209 Quaker Ave, Lubbock, TX 79424
- Schwede Gary DVM — slide rd, lubbock, tx 79410
FAQs
What type of property is this?
Medical Office Space - Modern professional office built in 2025 with private rooms, reception, and nurse station for medical or wellness teams.
Where is this medical office space located?
The property is located at 10933 Wayne Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 4,500+ SF professional office building under construction, built in 2025; Floor plan includes 12 private offices/exam rooms plus a centrally located nurses' station; Reception and spacious waiting room, designed for client/patient traffic flow
