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Duplexed Medical Office Suite
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3907 98th, Lubbock, TX 79423

Duplexed office space with multiple private offices, conference room, and kitchenette per side in a business park.

Space Size1,876 SF
Days on Market377

Property Features for 3907 98th

General Information

Standard status Active
Size 1,876 SF
Property subtype OFFICE
Zoning HDR/AM
Lease Type NNN

Additional Details

Office Units 2

Building Details

Tenancy Multi

Spaces For Lease

at 3907 98th
Suite 100 (East) $24/SF/Yr
Size 1,876 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
3 Months FREE Rent with Acceptable Lease Terms! Give your business the professional image it deserves at Ravenwood Office Park, one of South Lubbock's premier office developments located at the highly visible intersection of 98th Street and Miami Avenue. Whether you're expanding, relocating, or opening a new office, this location offers a modern, professional environment designed for today's businesses. The east side of Ravenwood Office Park is zoned HDR (formerly AM), making it ideal for professional offices, medical, dental, counseling, financial services, real estate, engineering, and many other office users. This 3,753-square-foot duplex office building has one more 1876 sq ft suite available. Each suite includes: Six private offices with individual door locks Spacious conference room Welcoming reception area Kitchenette with sink, cabinetry, and seating area Timeless, high-end interior finishes that complement virtually any business Located in the heart of rapidly growing South Lubbock, your clients and employees will appreciate the convenient access, professional setting, and prominent location. Take advantage of 3 months of FREE rent with acceptable lease terms and establish your business in one of South Lubbock's most desirable office locations.
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Listing Agency: James Morgan, Ltd.
Listed By: Holly Reed · License #TX 667410
Source: Moodyscre
Added: Oct 23, 2025 Changed: Oct 28 Last Checked: Nov 3 at 4:42AM

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 James Morgan, Ltd.

Rey
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Investment Insights

Based on property information with market context.

Duplexed office building within a business park, offered for rent with 3 months no rent with acceptable terms. The property provides two matching sides, each with private, individually locked offices along with a reception area, one conference room, and a kitchenette. The kitchenette includes a full sink, cabinetry, and a seating area. The layout is designed to support both traditional office and professional services configurations.

The buildings on the east side of Ravenwood Office Park are zoned HDR (old code: AM), with the remarks indicating suitability for medical, dental, and office uses.

Each side is described as 1,876 square feet and includes six offices per side, providing a self-contained arrangement for a single tenant within the duplex.

Key Highlights

  • Duplexed office building totaling 3,753 SF, with 1,876 SF on each side
  • Each side features 6 private offices with individual locks
  • Each side includes a conference room plus a reception area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

2
Office units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

524
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

$27.8 /SF/Yr
Avg Asking Price
$2.35–$288 /SF/Yr
Price Range
5,858 SF
Avg Space Size

This space is priced 14% below the average of $27.8 /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

Frequently Asked Questions

What type of property is this?
Office unit - Duplexed office space with multiple private offices, conference room, and kitchenette per side in a business park.
Where is this office unit located?
The property is located at 3907 98th Lubbock, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Duplexed office building totaling 3,753 SF, with 1,876 SF on each side; Each side features 6 private offices with individual locks; Each side includes a conference room plus a reception area
(806) 577-2529 · Office Call to check price and availability
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