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    12105 Indiana Ave Lubbock, TX 79423

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    For Sale
    Contact for pricing

    1+ Acre Medical Office Building, Vacant

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000 square foot medical office building, constructed in 2015, sits on a 1.195-acre lot (52,060 sq ft) in a prime South Lubbock location. The property boasts a Class C rating and is zoned C-3, offering flexibility for various professional uses. Previously utilized as a veterinary clinic, the spacious and adaptable interior allows for customization to suit specific needs. Situated near the intersection of 114th and Indiana Avenue, this high-traffic area benefits from a growing population and proximity to major retailers including Walmart, HEB, Academy, and Chick-fil-A, all within one mile. The property's strategic location is further enhanced by its proximity to Laura Bush Middle School, Hatton Place, and The Gates subdivisions, contributing to its strong visibility and accessibility. Utilities are readily available, with water accessible along the south side and sewer located approximately 345 feet west. Importantly, recent drainage improvements have removed the property from the floodplain. This vacant, NNN lease type property presents a compelling investment opportunity for owner-users seeking a modern, well-located office space in a thriving South Lubbock community. The building meets modern construction standards and offers a contemporary aesthetic, making it an attractive addition to any portfolio. The property's size and location make it ideal for a variety of medical or professional uses.

    Property Features for 12105 Indiana Ave

    General Information

    Property type
    Medical offices
    Square Feet
    4,000 SF
    Class
    C

    Building Details

    Year Built
    2015

    HighLights

    • 4,000 SF modern office building on 1.195 acres.
    • 2015 construction in a prime South Lubbock Cooper location.
    • Spacious, flexible interior, previously used as a veterinary clinic, suitable for various professional uses.
    • High visibility and accessibility.
    • Contemporary design with ample customization potential, built to modern standards.
    • Excellent investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cooper Veterinary Clinic Veterinarian

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8870867
    Latitude
    33.4841825

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    FAQs

    What type of property is this?
    Medical office - 1+ Acre Medical Office Building, Vacant
    Where is this medical office located?
    The property is located at 12105 Indiana Ave Lubbock, TX.
    What are key features of this property?
    This property features: 4,000 SF modern office building on 1.195 acres.; 2015 construction in a prime South Lubbock Cooper location.; Spacious, flexible interior, previously used as a veterinary clinic, suitable for various professional uses.
    Request Owner's contact information
    12105 Indiana Ave Lubbock, TX 79423
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12105 Indiana Ave Lubbock, TX 79423
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