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    13920 Indiana Ave Lubbock, TX 79423

    For Sale
    $669,600

    Modern 2,232 SF Office, South Lubbock

    Property size:
    2,232 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional Class A office building, located at 13920 Indiana Ave in Lubbock, Texas, presents a unique investment opportunity. Boasting 2,232 square feet of newly constructed space, this single-story building is slated for completion in Summer 2025. The property features seven private offices, perfect for individual work or team collaboration, along with a convenient workroom/copy room, a breakroom, and two restrooms. Ample parking is available at both the front and rear of the building, ensuring easy access for employees and clients. Situated in a rapidly developing area of South Lubbock, this office enjoys excellent visibility and convenient access to major transportation routes. The HDR (High Density Residential) zoning offers potential for future expansion or development. The asking price for this exceptional property is $669,600. This is a rare opportunity to acquire a brand-new, modern office space in a thriving South Lubbock location. Don't miss out on this chance to establish your business in a prime location with excellent amenities.

    Property Features for 13920 Indiana Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,232 SF
    Class
    A

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    1

    HighLights

    • Brand New Office Park Development
    • Prime South Indiana Avenue Location
    • Seven Private Offices Included
    • Projected Completion: Summer 2025
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8885015
    Latitude
    33.4673158

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    FAQs

    What type of property is this?
    Office Property / Space - Modern 2,232 SF Office, South Lubbock
    Where is this office property / space located?
    The property is located at 13920 Indiana Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $669,600.
    What are key features of this property?
    This property features: Brand New Office Park Development; Prime South Indiana Avenue Location; Seven Private Offices Included
    (806) 777-8114
    Request Owner's contact information
    13920 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
    13920 Indiana Ave Lubbock, TX 79423
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