Lubbock Commercial Suites For
For Sale
$1,399,999
6102 82nd Street, Lubbock, TX 79424
COMMERCIAL - Lubbock, TX
Property Size4,300 SF
Lot Size0.22 Acres
Price / SF$325.58
Days on Market133
Property Features for 6102 82nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Frenship ISD
Middle school district
Frenship ISD
High school district
Frenship ISD
Subdivision
7
Standard status
Active
APN
R303766
Size
4,300 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
CASCADA PROFESSIONAL OFFICE PARK L 12
Legal Description
CASCADA PROFESSIONAL OFFICE PARK L 12
Building Details
Year built
2014
Listing Agency:
ALL Real Estate, LLC
(806) 543-6095
Listed By:
Amy Cox · License #0667992
(806) 543-6095
Added: Mar 26
Changed: Aug 4
Last Checked: Aug 5 at 5:06PM
MLS# 202603950
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 commercial property features two suites. Suite A, designed as an orthodontic office, measures 3,292 square feet. Suite B, currently leased and offering a strong investment opportunity, includes four private offices, a spacious break room, and an ADA-compliant restroom, totaling 1,007 square feet. The building's exterior combines stone, stucco, and wooden beam accents, enhanced by professional landscaping. The property is suitable for an owner-user or investor seeking a high-quality office space. Located in the Stone Crest Office Park at the northwest corner of 82nd Street and Iola Avenue, the property benefits from access to the Marsha Sharp Freeway and Loop 289, providing connectivity and visibility in a desirable business district. The lot size is 0.22 acres, and the total property size is 4,300 square feet.
Key Highlights
- Prime location in Stone Crest Office Park at 82nd Street and Iola Avenue.
- Convenient access to Marsha Sharp Freeway and Loop 289.
- Suite A: Designed as an orthodontic office (3,292 sq ft).
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Balanced
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two well-appointed commercial suites in a prime location.
Where is this medical office space located?
The property is located at 6102 82nd Street 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: Prime location in Stone Crest Office Park at 82nd Street and Iola Avenue.; Convenient access to Marsha Sharp Freeway and Loop 289.; Suite A: Designed as an orthodontic office (3,292 sq ft).
