Educational / Medical Facility in Opportunity Zone

Office for Sale
Sale Pending
Catylist Listing ID: 30265992
Property Subtypes: Institutional, Medical, Office Building, Other
Status: Pending
Building Size (RSF): 25,286 SF
Gross Building Area: See Agent
Sale Price: $1,475,000
Unit Price: $58.33 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

1st Floor: 13,061 SF
11 offices and cubicles, 7 large rooms (previously used as classrooms) 4 restrooms, break room, outdoor break area, elevator and 2 stairways.

2nd Floor: 12,225 SF
8 classrooms - 3 with sinks, 9 offices, storage and extra open space.

Security System: Yes

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R56219
Zoning: CB5
Property Visibility: Good
Highway Access: 10th Street
Area Description: Directly South of the Civic Center.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1977
Year Renovated: 2004
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 137 Parking Spaces for Exclusive Use - Off Street
Total Parking Spaces: 137
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,796 78,690 177,454
Median Age: 27.64 28.78 31.88
Households: 5,316 27,690 67,303


Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
Photograph of Listing Agent

Alison Blalock, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Lubbock Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.