4216 102Nd StLubbock, TX 79423

Property Details for 4216 102Nd St

Year built

2003

Lot size

0.60 AC

Property size (Sq ft)

7,169 SF

Property type

Office buildings

APN

R301351

APU

R301351

Description

This exceptional Class A office property, located at 4216 102nd Street in Lubbock, Texas, presents a fantastic opportunity for businesses seeking premium workspace. Built in 2003 and extensively renovated in 2020, this single-story building offers 7,725 square feet of meticulously maintained space. The property is zoned for commercial use and sits within Lubbock County, providing easy access to key transportation routes and amenities. The building features a total of one building with multiple suites available for lease. Currently, two spaces are immediately available, ranging in size from 250 square feet to 575 square feet, ideal for small to medium-sized businesses or individual professionals. The property's modern design and recent renovations ensure a comfortable and efficient work environment. The address is conveniently located in Lubbock, TX, zip code 79423. This is a rare opportunity to secure high-quality office space in a desirable location. The property's single-story design and ample parking provide convenient access for employees and clients. The professional atmosphere and modern amenities make this an ideal location for businesses seeking to establish a strong presence in the Lubbock market. This is a single-building, one-story structure, offering a highly sought-after location and modern facilities. The available suites are perfect for a variety of professional uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,063,585

  6.5%

  $981,771

  7%

  $911,644

• Comparable approach

  Method

  Valuation

  Relative Method

  $639,591

  Geo Method

  $862,574

• Alternative Use

  Use

  Valuation

  Residential

  $1,217,396

  Hospitality

  $1,115,128

  Educational

  $927,773

  Medical

  $959,681

  Retail

  $1,443,203

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5019

Longitude

-101.904

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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