12105 Indiana Ave Lubbock, TX 79423
For Sale
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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.
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Cooper Veterinary Clinic Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.