Healthcare Facility Redevelopment
New
For Sale
$220,000
1601 Vanda Ave, Lubbock, TX 79403
Existing healthcare facility with numerous private rooms, common areas, and administrative space, offered with owner financing available.
Property Size8,638 SF
Price / SF$25.47
Days on Market5
Property Features for 1601 Vanda Ave
General Information
Standard status
Active
Size
8,638 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1964
Listing Agency:
Keller Williams Realty
(806) 392-6839
Listed By:
Rachel Smith · License #0779879
Source:
Raftercrossrealty
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 30 at 8:59AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
For sale is an 8,638± square foot commercial healthcare facility with an adaptable interior layout. The existing floor plan includes numerous private rooms, multiple common areas, and dedicated administrative space, supporting a range of institutional and commercial configurations. The property is being marketed as a flexible redevelopment asset, with potential options including assisted living, memory care, behavioral health, rehabilitation services, transitional or veterans housing, medical offices, educational facilities, workforce housing, nonprofit operations, or other specialty commercial uses, subject to zoning, licensing, and buyer verification.
The building is positioned to provide convenient access to major highways and key transportation corridors, supporting connectivity for staff, clients, and service providers.
Interested buyers are advised to independently verify all property information, zoning, permitted uses, licensing requirements, and suitability for their intended use. Owner financing is available.
The building is positioned to provide convenient access to major highways and key transportation corridors, supporting connectivity for staff, clients, and service providers.
Interested buyers are advised to independently verify all property information, zoning, permitted uses, licensing requirements, and suitability for their intended use. Owner financing is available.
Key Highlights
- 8,638± SF commercial property built in 1964 with an existing healthcare facility layout
- Floor plan includes numerous private rooms plus multiple common areas and administrative space
- Owner financing available
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79403, TX
15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Assisted living facility - Existing healthcare facility with numerous private rooms, common areas, and administrative space, offered with owner financing available.
Where is this assisted living facility located?
The property is located at 1601 Vanda Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 8,638± SF commercial property built in 1964 with an existing healthcare facility layout; Floor plan includes numerous private rooms plus multiple common areas and administrative space; Owner financing available