12105 Indiana AveLubbock, TX 79423

  • Specialty properties
  • 4,000 SF
For Sale

Property Details for 12105 Indiana Ave

Year built
2013
Lot size
1.20 AC
Property size (Sq ft)
4,000 SF
Property type
Specialty properties
Property subtype
Other specialty properties
APN
R301566
APU
R301566

Description

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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $679,255
    Hospitality
    $622,194
    Educational
    $517,658
    Medical
    $535,461
    Retail
    $805,246
12105 Indiana Ave, Lubbock, Texas
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Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.4841
Longitude
-101.887
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,478
$364,420
$407,531
$771,951
-
$364,420
$407,531
$771,951

FAQs

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