3508 22nd Place, Lubbock, TX 79410
COMMERCIAL - Lubbock, TX
- Added:
- Jan 22, 2026
- Days on Market:
- 138
- Last Refresh:
- Jun 9 at 10:06 am
Property Features for 3508 22nd Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- R25899
- Size
- 2,135 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- Ridgelawn Blk 2 L 15 &E4'of 14
- Tax Annual Amount
- 4327
Building Details
- Year built
- 1984
Listing agent Stacey Rogers License #0588927 (806) 368-1066
Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX (806) 771-7710
Listing date Jan 22, 2026
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.
HighLights
- Prime Central Lubbock location with excellent visibility off 22nd Place.
- Functional layout ideal for medical, therapy, or professional office use.
- Spacious reception/waiting area with abundant natural light and fireplace.
- Includes 6 offices, large nurses' station, and kitchenette/break room.
- Back covered private parking and easy patient access.
- Recent updates and neutral finishes; turnkey condition.
Overview
Local 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 | $52.5k | $24.60 |
| − Vacancy | −$4.7k | −$2.21 |
| EGI | $47.8k | $22.39 |
| − OpEx | −$19.1k | −$8.95 |
| NOI | $28.7k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.890806
- Latitude
- 33.574465