Two-Suite Office
For Sale
Contact for pricing
6102 82nd St, Lubbock, TX 79424
Two suites include orthodontic office improvements, private offices, a break room, and an ADA-compliant restroom.
Property Size4,300 SF
Price / SF$325.58
Days on Market484
Property Features for 6102 82nd St
General Information
Standard status
Active
Size
4,300 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Amenities
professional landscaping
Building Details
Buildings
1
Construction
stone, stucco, wooden beam accents
Tenancy
Multi
Listing Agency:
ALL Real Estate
(806) 543-6095
Listed By:
Amy Cox · License #0667992
(806) 543-6095
Source:
Moodyscre
Added: Apr 8, 2025
Changed: Jul 31
Last Checked: Aug 4 at 10:10AM
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 ALL Real Estate
Investment Insights
Based on property information with market context.
This 4,300-square-foot office property contains two suites. Suite A is designed as an orthodontic office, while Suite B includes four private offices, a spacious break room, and an ADA-compliant restroom. Suite B is currently leased. The exterior combines stone, stucco, and wooden beam accents with professional landscaping.
The property is located in Stone Crest Office Park at the northwest corner of 82nd Street and Iola Avenue in Lubbock, Texas. It offers access to the Marsha Sharp Freeway and Loop 289, connecting the office property with surrounding business areas. The two-suite configuration provides separate office layouts within the building and accommodates the existing orthodontic-office improvements in Suite A.
The property is located in Stone Crest Office Park at the northwest corner of 82nd Street and Iola Avenue in Lubbock, Texas. It offers access to the Marsha Sharp Freeway and Loop 289, connecting the office property with surrounding business areas. The two-suite configuration provides separate office layouts within the building and accommodates the existing orthodontic-office improvements in Suite A.
Key Highlights
- 4,300‑square‑foot office property with two suites
- Suite A designed as an orthodontic office
- Suite B includes four private offices, a spacious break room, and an ADA‑compliant restroom
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 | $105.8k | $24.60 |
| − Vacancy | −$9.5k | −$2.21 |
| EGI | $96.3k | $22.39 |
| − OpEx | −$38.5k | −$8.95 |
| NOI | $57.8k | $13.43 |
4,300 SF · lease $24.60/SF/yr · vacancy 9.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$825.1K
$722.0K – $962.6K
NOI $57,756 @ 7.0% cap · market cap 4.13%
Second Best
Office B
$803.0K
$702.7K – $936.9K
NOI $56,212 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.08M
$948.5K – $1.26M
NOI $75,883 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
Demographics for 79424, TX
53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two suites include orthodontic office improvements, private offices, a break room, and an ADA-compliant restroom.
Where is this office units located?
The property is located at 6102 82nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 4,300‑square‑foot office property with two suites; Suite A designed as an orthodontic office; Suite B includes four private offices, a spacious break room, and an ADA‑compliant restroom
