1418 Slide Rd Lubbock, TX 79416
This exceptional Class A commercial property, located at 1418 N Slide Rd in Lubbock, Texas, presents a unique investment opportunity. The 4,682 square foot building sits on a 1.5-acre lot within the expansive Northwest Passage development, a vibrant mixed-use community encompassing residential and commercial spaces. Currently configured as two identical 2,341 square foot units, this multi-tenant property offers incredible flexibility for businesses of varying sizes. The modern design provides a fresh and efficient workspace, ideal for medical or traditional office uses. The property is offered at $1,334,370, representing a price per square foot of $259.93. The Net Net Net (NNN) lease structure provides predictable operating expenses. Situated within a rapidly growing area, with plans for over 700 additional single-family homes, this property benefits from high visibility and a strong potential customer base. The Northwest Passage development's diverse commercial offerings create a dynamic and collaborative environment. Easy accessibility adds to the property's overall appeal, making it an attractive investment for both established businesses and new ventures. The property's APN is R74669|2 and is comprised of two units within a larger four-building complex. This is a rare opportunity to acquire a prime commercial property in a thriving Lubbock neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.