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Property profile & analytics
OFF-MARKET
Medical Office Space

1418 Slide Rd Lubbock, TX 79416

4,682 SF 1.5 ac lot
Property ID
US83-3270123
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Total area 4,682 SF
Lot 1.5 ac (65,340 SF)
APN R74669|2
UPID US83-3270123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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