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    Property profile & analytics

    4640 Loop 289 Lubbock, TX 79416-2423

    • Medical offices
    • 22,944 SF
    • 5.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 16, 2024
    Location Intelligence
    Property ID
    US82-9820407
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • NorthStar Surgical Center / Surgical Center / Doctor
    • The Gastroenterology and Liver Disease Institute at NorthStar Surgical Center / Surgical Center / Doctor
    • Lubbock Lap-Band® / Surgical Center / Surgeon

    Property Details for 4640 Loop 289

    Year built
    2000
    Lot size
    5.14 lot acres
    Property size
    22,944 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    R325828
    APU
    R325828

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.912
    Latitude
    33.6053
    CBSA code
    31180
    CBSA name
    LUBBOCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $82,718
    $671,043
    $4,278,778
    $4,949,821
    -
    $671,043
    $4,278,778
    $4,949,821

    Comparable in this City

    • Value Estimation by Request
      6,954 SF

      4404 6th St

      MEDICAL BUILDING • 6,954 SF
      4404 6th St, Lubbock, TX 79416-4732
      View Details
    • Value Estimation by Request
      6,828 SF

      4412 6th St

      MEDICAL BUILDING • 6,828 SF
      4412 6th St, Lubbock, TX 79416-4732
      View Details
    • Value Estimation by Request
      14,183 SF

      301 Utica Ave

      MEDICAL BUILDING • 14,183 SF
      301 Utica Ave, Lubbock, TX 79416-3111
      View Details
    • Value Estimation by Request
      20,964 SF

      4802 Loop 289

      MEDICAL BUILDING • 20,964 SF
      4802 Loop 289, Lubbock, TX 79416-3025
      View Details
    • Value Estimation by Request
      2,397 SF

      1420 Slide Rd

      Medical offices • 2,397 SF
      1420 Slide Rd, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      8,508 SF

      1603 Acc Rd

      Medical offices • 8,508 SF
      1603 Acc Rd, Lubbock, TX 79416
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $10 SF/Yr
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      Prime Lubbock Medical Office Space

      19,000 SF Single-Tenant Medical Office
      5402 4Th St, Lubbock, TX 79416
      View Details
    • $949,905
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      Single-tenant office space in a high-traffic Lubbock corridor.
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      1,583 SF

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      Premier office park with modern suites for lease or sale.
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    • $4,000 /Mo
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      Office/Warehouse on Acre Lot

      Office and warehouse space for lease on approximately one acre.
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    • $1,334,370
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      New Garden Office For Lease

      Brand-new 2,397 sqft garden office space available for lease.
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    • $12 SF/Yr
      8,000 SF

      Loop 289 Office/Retail Space

      West Lubbock prime retail/office suites.
      612 Acc Rd, Lubbock, TX 79416
      View Details
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    4640 Loop 289
    Lubbock, TX 79416-2423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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