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Duplexed Office Building
For Lease
$7,506/Mo

3907 98th Street, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space Size1,876 SF - 3,753 SF
Lot Size0.37 Acres
Days on Market85

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 Carpet, Vinyl
Building materials Brick, Stucco
Roof type Composition
Listing Agency: James Morgan Real Estate
Listed By: Jesse Heinrich · License #0751203
Added: Jul 6 Changed: Sep 12 Last Checked: Sep 28 at 12:06PM
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 2021 duplexed office building contains 3,753 square feet, arranged as two 1,876-square-foot sides. Each side includes six private offices, a conference room, reception area, and kitchenette with a full sink, cabinetry, and seating. Individual office locks support separate private work areas, while the building can be occupied as one property or divided into two suites.

Located at 3907 98th Street in Lubbock, the property sits at the 98th Street and Miami intersection within Ravenwood Office Park. The east-side buildings are zoned HDR/ (old code: AM), with medical, dental, and office uses identified in the property information. Construction includes brick and stucco, with vinyl and carpet flooring, central heating, central air, a parking lot, public water, and public sewer.

Key Highlights

  • 3,753‑square‑foot duplexed office building with two 1,876‑square‑foot sides
  • Each side includes six offices, one conference room, a kitchenette, and a reception area
  • Private offices have individual locks; the building can be split or leased as a whole

Property Analytics

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Current Use

LJA Engineering, Inc. General Contractor

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Auto Parts Store Daycare Center HVAC Service

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

533
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lubbock, TX

$27.03 /SF/Yr
Avg Asking Price
$2.35–$288 /SF/Yr
Price Range
6,018 SF
Avg Space Size

This space is priced 11% below the average of $27.03 /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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office configuration with private rooms, conference space, reception areas, and kitchenettes on both sides.
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: 3,753‑square‑foot duplexed office building with two 1,876‑square‑foot sides; Each side includes six offices, one conference room, a kitchenette, and a reception area; Private offices have individual locks; the building can be split or leased as a whole
More about this property
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