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    4002 22Nd St Lubbock, TX 79410

    For Sale
    $450,000

    Class A, 2,587 SF, Excellent Location

    Property size:
    2,587 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A medical office building, situated on a 0.2-acre lot in Lubbock, Texas, presents a unique investment opportunity. Boasting 2,587 square feet of well-designed space, this single-story, 1972-built property is ideally located within Lubbock's thriving medical district at 4002 22nd St, 79410. The building features a functional layout optimized for medical practices, including nine exam rooms/offices and a large nurses' station, ensuring seamless workflow and patient care. With its prime location offering unparalleled visibility and accessibility, this property is perfect for established medical practices seeking expansion or new ventures looking for a turnkey solution. The asking price is $450,000, translating to $173.95 per square foot. The property's APN is R86553. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a high-demand area. Don't miss out on this chance to own a piece of Lubbock's thriving healthcare sector.

    Property Features for 4002 22Nd St

    General Information

    Property type
    Medical offices
    Square Feet
    2,587 SF
    Class
    A
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • Prime location.
    • Nine exam rooms/offices.
    • Spacious nurses' station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Suzelle Moffitt Family Practice Physician

    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
    -101.8988474
    Latitude
    33.5753377

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    FAQs

    What type of property is this?
    Medical office - Class A, 2,587 SF, Excellent Location
    Where is this medical office located?
    The property is located at 4002 22Nd St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime location.; Nine exam rooms/offices.; Spacious nurses' station.
    Request Owner's contact information
    4002 22Nd St Lubbock, TX 79410
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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
    4002 22Nd St Lubbock, TX 79410
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