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Property profile & analytics
FOR LEASE
Office buildings

4010 82Nd St Lubbock, TX 79423

31,686 SF 2.41 ac lot Built 1989
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US82-4789534
Property summary
AI-generated overview

This exceptional two-story, free-standing executive office building, located in Lubbock County at the intersection of 82nd Street and Quaker Avenue, offers a prime opportunity for businesses seeking flexible and high-visibility space. The Kingsgate Professional Building, part of the Kingsgate Shopping Center development, boasts a total of 30,118 square feet, with 15,993 square feet currently vacant. Units range from a minimum of 333 square feet to a maximum contiguous space of 6,582 square feet, catering to a variety of business needs. The building's strategic location within the shopping center ensures high daytime traffic and convenient access to numerous amenities, enhancing employee convenience and attracting clients. Constructed in 1989, the building sits on a 2.41-acre lot, providing ample parking and potential for future expansion. The property offers multiple tenancy options, making it ideal for both established businesses and startups. Its prominent location on 82nd Street guarantees excellent visibility and accessibility, making it an attractive option for businesses seeking to establish a strong presence in South Lubbock. The available space presents a unique opportunity to secure a well-located, versatile office space in a thriving commercial area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 31,686 SF
Lot 2.41 ac (104,960 SF)
Zoning code 38
APN R113863
UPID US82-4789534
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
  • Southwest Training Schools Vocational School Training Center
  • Graco Real Estate Development Construction Company General Contractor
  • Recover Online Rehabilitation Center
  • AlphaPoint Association Or Organization
  • Business Capital Lender TLubbock TX Business Administration Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.25M
Blend (final) Blend
$3.61M
Owner & transaction history
Kg North 2012 LLC · 13 yrs held
Kg North 2012 LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.2M +1.0%
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