Property summary
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
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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