Property profile

4418 74Th St Lubbock, TX 79424

OFF-MARKET
Office Spaces
2,734 SF Built 1985
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Property summary

AI-generated overview

This exceptional 2,734 square foot office condo in Lubbock, Texas, presents a unique investment opportunity. Located at 4418 74th St, 79424, this single-unit, 1985-built property boasts a desirable location just one block west of Quaker Ave and two blocks south of Loop 289, offering convenient access to major thoroughfares and a wealth of amenities. The property features a beautifully finished interior with eight private offices, a spacious break room, a large file room, a dedicated server room, a conference room, four smaller workstations, and a versatile multi-purpose cubicle area. The exterior is equally impressive, showcasing brick construction, striking wooden beam accents, a tile roof, and professional landscaping. Adding to its appeal is an automatic backup generator, ensuring business continuity. The property's proximity to popular dining and retail establishments, including Chuys, Abuelo's, Sprouts, TJ Maxx, Office Depot, Walmart Supercenter, Chick-fil-A, and Chipotle, further enhances its desirability. Its location less than a mile from Slide Rd. & Loop 289, a major traffic artery, provides excellent visibility and accessibility. This turnkey office space is ideal for a variety of businesses seeking a well-appointed and conveniently located professional environment. Asking price: $299,000.

Property profile

Verified
Property type Office Spaces
Year built 1985
Total area 2,734 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • Corporate Office
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency

Location

4418 74Th St Lubbock, TX 79424
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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