Property profile

7008 Salem Park Dr Lubbock, TX 79424

OFF-MARKET
Office Spaces
Built 1999
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Property summary

AI-generated overview

This exceptional 2,025 square foot Class A office building, located in South Lubbock, offers a prestigious and convenient location. Built in 1999 and extensively renovated in 2020, the property boasts a high-end design and ample parking, ensuring a positive impression on both staff and clients. The single-tenant occupancy provides complete control and privacy. The interior layout is thoughtfully designed to maximize productivity and collaboration, featuring three private offices, dedicated meeting rooms, and well-appointed common areas. Its strategic location provides easy access to Loop 289 and a variety of nearby amenities, making it an ideal choice for businesses seeking a blend of convenience and upscale surroundings. The property is zoned NC and identified by APN R119219 in Lubbock County. This is a turnkey solution for established businesses seeking expansion or startups searching for a sophisticated and functional workspace. The property's modern design and prime location make it a truly exceptional opportunity. This is a rare chance to secure a high-quality office space in a desirable area.

Property profile

Verified
Property type Office Spaces
Year built 1999

Cap rate & NOI

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

Location

7008 Salem Park Dr 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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