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    Property profile & analytics
    FOR SALE
    Commercial real estate

    7727 Quaker Ave, Lubbock, TX 79424

    8,163 SF 0.78 ac lot Built 1992
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US83-3203478
    Property summary
    AI-generated overview

    This exceptional 8,200-square-foot office building presents a compelling opportunity for both owner-occupants and investors. Situated at the high-traffic intersection of 78th Street and Quaker Avenue in Lubbock, Texas, this property boasts unparalleled visibility and accessibility. Currently, the building enjoys 50% occupancy by a reputable tenant, leaving over 4,000 square feet of readily available space. This flexible space is perfect for a business seeking expansion or an investor aiming to secure strong rental income. The 0.78-acre lot provides ample parking for tenants and visitors, a significant advantage in this busy commercial corridor. The building's location within one of Lubbock's most desirable commercial hubs ensures high visibility and easy access for clients and employees. This is a rare chance to acquire a substantial property in a thriving area, offering a blend of immediate income potential and long-term growth prospects. The asking price is $2,300,000. This property is ready for immediate occupancy or lease, making it an attractive option for a variety of business needs. Don't miss this chance to secure a prime commercial asset in a rapidly developing area of Lubbock.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1992
    Total area 8,163 SF
    Lot 0.78 ac (34,032 SF)
    Zoning code 38
    APN R37963
    UPID US83-3203478
    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
    • Cobb, Fendley & Associates, Inc. Engineering Consultant
    • Mcclendon Sarah Employment Agency
    • Metro Health Care Nursing Home
    • Advanced Home Health Home Health Care Service
    • Kelly Plasker, Realtor Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $395k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $794k
    Blend (final) Blend
    $595k
    Owner & transaction history
    Security St. Bk · 13 yrs held
    Security St. Bk
    since 2012
    2 recorded transactions
    2012
    2007
    Zoning & alternative use
    38 · Lubbock, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $815,000 +53.4%
    Office building $755,000 +41.6%
    Auto repair, garage $720,000 +35.1%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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