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For sale
Showrooms
TX
Lubbock
79410
3807 34th Street

Free Standing Showroom/Office Building

3807 34th Street Lubbock, TX 79410

3807 34th Street, Lubbock, TX, 79410

$499,999

For Sale

$499,999

2,400 SF showroom/office building suitable for various business uses.

Property Size2,400 SF

Price / SF$208.33

AddedMar 29, 2022

Days on Market1570

Last RefreshJun 30 at 12:00 am

Property Features for 3807 34th Street

General Information

Standard status: Active
Size: 2,400 SF
Property subtype: SCR, SCR-STREET

Building Details

Year Built: 1966

Listing office The Powell Group

Listing date Mar 29, 2022

Source Realnex

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Powell Group

Investment Insights

Based on property information with market context.

This free-standing building offers approximately 2,400 square feet of showroom and office space. The layout includes two offices, a reception/service window area, and two restrooms. There are also two showroom areas and two interior overhead doors leading to a two-car bay work area, as well as two exterior overhead doors accessing another two-car bay work area. Zoned C-2, the site accommodates many use options. The building is suitable for automotive repair/service, stereo shops, small furniture/mattress showroom/warehouses, and appliance sales/repair. Currently, the location operates as a window tinting/audio business.

Key Highlights

Zoned C‑2, offering many use options for various businesses.
Free‑standing building with approximately 2,400 SF of showroom/office space.
Includes two interior and two exterior overhead doors, providing bay work areas.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$41.8k	$17.40
− Vacancy	−$3.1k	−$1.31
EGI	$38.6k	$16.10
− OpEx	−$5.8k	−$2.41
NOI	$32.8k	$13.68

2,400 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$469.1K

$410.4K – $547.2K (±1% cap)

NOI $32,834 @ 7.0% cap · market cap 6.57%

Second Best

Office B

$448.2K

$392.2K – $522.9K (±1% cap)

NOI $31,374 @ 7.0% cap · market cap 6.27%

Theoretical Best

Office A

$605.0K

$529.4K – $705.9K (±1% cap)

NOI $42,353 @ 7.0% cap · market cap 8.47%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Vernon's Signature Audio Electronics & Wireless Store

Suggested Use

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For sale
Showrooms
TX
Lubbock
79410
3807 34th Street

What type of property is this?

Showroom - 2,400 SF showroom/office building suitable for various business uses.

Where is this showroom located?

The property is located at 3807 34th Street Lubbock, TX.

What is the asking price?

The asking price for this property is $499,999.

What are key features of this property?

This property features: Zoned C‑2, offering many use options for various businesses.; Free‑standing building with approximately 2,400 SF of showroom/office space.; Includes two interior and two exterior overhead doors, providing bay work areas.