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Duplexed Office Building
For Lease
$7,506/Mo

3907 98th Street, Lubbock, TX 79423

COMMERCIAL - Lubbock, TX

Space Size1,876 SF - 3,753 SF
Lot Size0.37 Acres
Days on Market38

Property Features for 3907 98th Street

General Information

Property type Commercial Lease
Property subtype Office
Parking features Parking Lot
Lot features City Lot, Paved
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Subdivision 7
Standard status Active
APN R334859
Size 3,753 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description Ravenwood Tr C
Tax Annual Amount 13439
Legal Description Ravenwood Tr C

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2021
Flooring type Vinyl, Carpet
Building materials Brick, Stucco
Roof type Composition
Listing Agency: James Morgan Real Estate
Listed By: Jesse Heinrich · License #0751203
Added: Jul 6 Changed: Aug 4 Last Checked: Aug 12 at 7:06PM
MLS# 202609171

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.

This duplexed office building is designed with classic interiors and a layout that works for a variety of business configurations. The building contains 1,876 square feet on each side and includes six offices, a conference room, and a dedicated kitchenette and reception area per side, with each office secured by individual locks. The kitchenette is equipped with a full sink, cabinetry, and a seating area.

The property sits within a business park setting with frontage directly on 98th and Miami. The buildings on the east side of Ravenwood Office Park are described as zoned HDR (old code AM), which the remarks indicate is intended to welcome medical, dental, and office uses.

As a duplex, the building can be split or leased as a whole, offering flexibility for tenants seeking either shared or private occupancy.

Key Highlights

  • 2021‑built duplexed office building totaling 3,753 SF (1,876 SF per side)
  • Layout per side includes 6 offices, 1 conference room, kitchenette, and reception area
  • Each office has private access with individual locks; kitchenette includes sink, cabinetry, and seating area

Property Analytics

Current Use

LJA Engineering, Inc. General Contractor

Suggested Use

Top Pick Building Supply Auto Repair Shop Daycare Center Restaurant HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value

Market

Lease Benchmarks for Lubbock, TX

$28.87 /SF/Yr
Avg Asking Price
$3.75–$288 /SF/Yr
Price Range
5,245 SF
Avg Space Size

This space is priced 17% below the average of $28.87 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Duplexed office building with six offices, conference room, kitchenette, and reception area on each side.
Where is this office units located?
The property is located at 3907 98th Street Lubbock, TX.
What is the lease rate?
The lease rate is $7,506/Mo.
What are key features of this property?
This property features: 2021‑built duplexed office building totaling 3,753 SF (1,876 SF per side); Layout per side includes 6 offices, 1 conference room, kitchenette, and reception area; Each office has private access with individual locks; kitchenette includes sink, cabinetry, and seating area
More about this property
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