3403 107Th St Lubbock, TX 79423
For Sale
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Located on the hard corner of 107th Street and Indiana Avenue, this 5,000 SF office/warehouse offers a unique blend of functionality, privacy, and versatility in one of South Lubbock’s growing corridors. The property is fully secured with a brick and wood privacy fence and features an electric gate for controlled access. Mature trees line the east side along Indiana, creating an additional layer of privacy and a clean, professional setting. Inside, the space is thoughtfully laid out with four private offices, a full kitchen, one full bathroom complete with a sauna, and two additional half bathrooms—making it well-suited for both office and operational use. The standout feature of this property is the warehouse area, which has been transformed into a professionally graded pickleball court that also doubles as a half basketball court—offering a rare amenity that could serve as a unique employee perk, recreational space, or creative flex use. Adding to the value, the property includes a separate ±1,365 SF home located just west of the main building. The home is currently income-producing, providing supplemental cash flow to help offset ownership costs such as taxes and utilities. This is a rare opportunity to acquire a highly functional commercial property with built-in income and distinctive features in a prime South Lubbock location. Don’t miss out.
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.