Office Suites in Stone Crest
6102 82nd St Unit 12 Lubbock, TX 79424
New
6102 82nd St Unit 12, Lubbock, TX, 79424
$1,399,999
For Sale
$1,399,999
Two leased office suites feature orthodontic space, private offices, and an ADA-compliant restroom within a professionally landscaped building.
Property Size4,300 SF
Price / SF$325.58
Days on Market2
Property Features for 6102 82nd St Unit 12
General Information
- Standard status
- Active
- Size
- 4,300 SF
Building Details
- Year Built
- 2014
Listing agency
ALL Real Estate, LLC
(806) 543-6095
Listed by
Amy Cox · License #0667992
Source
Raftercrossrealty
Added: Jul 20 Updated: Jul 21 at 4:45PM Checked: Jul 21 at 4:45PM
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, LLC
Investment Insights
Based on property information with market context.
This property consists of two well-appointed office suites within a single building. Suite A is set up as an orthodontic office. Suite B is configured with four private offices, a spacious break room, and an ADA-compliant restroom, and it is currently leased.
The building exterior features a blend of stone, stucco, and wooden beam accents, complemented by professional landscaping. The property is located in Stone Crest Office Park at the northwest corner of 82nd Street and Iola Avenue, with convenient access to the Marsha Sharp Freeway and Loop 289 for connectivity and visibility in the business district.
With two distinct office-suite configurations, the property can fit an owner-user looking to occupy one suite while retaining the benefit of existing leasing within the other.
The building exterior features a blend of stone, stucco, and wooden beam accents, complemented by professional landscaping. The property is located in Stone Crest Office Park at the northwest corner of 82nd Street and Iola Avenue, with convenient access to the Marsha Sharp Freeway and Loop 289 for connectivity and visibility in the business district.
With two distinct office-suite configurations, the property can fit an owner-user looking to occupy one suite while retaining the benefit of existing leasing within the other.
Key Highlights
- Two leased office suites in a 2014‑built Stone Crest Office Park building
- Suite A: 3,292 SF orthodontic office suite (currently leased)
- Suite B: 1,007 SF with four private offices, a break room, and an ADA‑compliant restroom (currently leased)
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Benson Kenneth H ...
Physician
Carl Britton
Physician
Scott Dentistry
Dental Office
Behavioral Innovations
Medical Clinic
Jill Holland Cook
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two leased office suites feature orthodontic space, private offices, and an ADA-compliant restroom within a professionally landscaped building.
Where is this office units located?
The property is located at 6102 82nd St Unit 12 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: Two leased office suites in a 2014‑built Stone Crest Office Park building; Suite A: 3,292 SF orthodontic office suite (currently leased); Suite B: 1,007 SF with four private offices, a break room, and an ADA‑compliant restroom (currently leased)
