Property profile

3714 22nd St Lubbock, TX 79410

OFF-MARKET
Commercial real estate
Property ID
US83-4123524
2,286 SF 0.23 ac lot Built 1951
Individually Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,286 square foot property, located in Lubbock's Medical District at 3714 22nd St, Lubbock, TX 79410, presents a unique investment opportunity. Built in 1951, this single-story building sits on a spacious 9,921 square foot lot (APN: R100700) and offers a flexible layout ideal for a variety of uses, including a daycare center or shared office space. Recent upgrades include new siding, windows, and HVAC systems, ensuring both energy efficiency and modern appeal. The building's spacious interior allows for adaptable configurations to suit diverse business needs. The substantial lot size provides ample outdoor space, perfect for recreational activities, events, or additional development. This property benefits from its prime location within the thriving Lubbock Medical District, offering excellent visibility and accessibility. The combination of recent improvements, adaptable space, and desirable location makes this a compelling investment opportunity for those seeking a strong presence in a high-growth area. The property consists of one building with one unit. This is a special purpose property previously used as a school.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1951
Total area 2,286 SF
Lot 0.23 ac (9,997 SF)
Zoning code 38
APN R100700
UPID US83-4123524

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

3714 22nd St Lubbock, TX 79410-1312
Lubbock metro Census 1602 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A

Zoning & alternative use

38 · Lubbock, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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