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Property profile & analytics
FOR SALE
Office buildings

3402 110Th St Lubbock, TX 79423

4,068 SF 0.45 ac lot Built 2013
Individually Owned 14-yr Hold Free & Clear
Property ID
US82-2709831
Property summary
AI-generated overview

This Class A, 4,097 square foot office building in Lubbock, Texas, is offered for sale at $1,100,000. Built in 2013, this single-story property sits on a 19,430 square foot lot and features two distinct sections totaling 4,097 square feet above grade, easily combined into a larger space. The south building comprises 2,259 square feet, including a reception area, file room, six private offices, a break room, and two ADA-compliant restrooms. The north building offers 1,838 square feet with a reception area, five private offices (two suitable as executive offices or conference rooms), an ADA-compliant bathroom, and a kitchenette. Currently at 50% occupancy, this NNN-leased property boasts an attractive price per square foot of $268.49. Additional amenities include a tranquil outdoor courtyard, attic storage with blown insulation, dual ceiling fans, custom window blinds, a secure mailbox, and ample front and rear parking. Significant utility cost savings are realized through a private well and septic system. The property's location at the intersection of Indiana Avenue and 110th Street provides excellent visibility and accessibility. This presents a unique opportunity for businesses seeking a well-appointed, cost-effective office space in a desirable Lubbock location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Total area 4,068 SF
Lot 0.45 ac (19,430 SF)
Zoning code 20
APN R83423
UPID US82-2709831
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
Current use
Occupant on record · Public records
  • Tim Futrell Loan Service Bank
  • Hometrust Mortgage Company Loan Service Bank
  • Gerald W. Hudson CPA Accounting Firm Tax Preparation
  • Becky Hudson Financial Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$565k
Blend (final) Blend
$590k
Owner & transaction history
Gerald W Hudson · 14 yrs held
Gerald W Hudson
since 2012
3 recorded transactions
2013
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
20 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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