3712 22Nd StLubbock, TX 79410

  • Other commercial real estate
  • 2,475 SF
For Sale
$350,000 View listing

Property Details for 3712 22Nd St

Year built
1985
Lot size
0.23 AC
Property size (Sq ft)
2,475 SF
Zone code
38
Property type
Other commercial real estate
APN
R100727
APU
R100727

Description

This exceptional 2,429-square-foot medical office building is available for purchase at $350,000 ($144.09/sq ft). Located at 3712 22nd St, Lubbock, TX 79410, in Lubbock County, this Class C property boasts a convenient location within the city's medical district. Built in 1985, the building sits on a 19,996-square-foot lot and is zoned HDR (High Density Residential). The property's previous use as a physician's private practice highlights its suitability for similar medical ventures. The interior layout includes two private offices, seven exam or treatment rooms, a reception area, and a waiting room. Plumbing is installed throughout the building. While a portion of the property falls within a flood zone, the building itself is not situated in the flood plain. Potential buyers should note that some specific use permits are approved within HDR districts as a limited use. Interested parties are encouraged to contact the City of Lubbock at 806-775-2108 to determine if their intended use qualifies under an approved specific use permit. This presents a unique opportunity to acquire a well-positioned medical office building in a thriving Texas market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $420,289
    Hospitality
    $384,983
    Educational
    $320,301
    Medical
    $331,317
    Retail
    $498,246
3712 22Nd St, Lubbock, Texas

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5753
Longitude
-101.896
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
$4,279
$69,986
$180,014
$250,000
-
$69,986
$180,014
$250,000

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