Unique Office Property on Cul de sac
Office
for Sale
| Catylist Listing ID: |
30704846 |
| Property Subtypes: |
Business Park, Other
|
| Building Size (RSF): |
5,412 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$499,000 |
| Unit Price: |
$92.20 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/23/2021 |
Overview / Comments
|
A quad of buildings, 1,353 sq.ft. each, facing into a shared courtyard at the end of a quiet business office cul de sac nestled among the trees offering a peaceful creative setting for your business. Great option for the owner/user who wants some income generation as 2 of the buildings are leased. Three of the buildings had interior renovations, including new windows, in 2013-2014 while the 4th building has been started, leaving finishes for the Buyer to make! The East & West buildings have new metal roofs while the N. & S ones are flat roofs with shingles around overhangs. Walking distance to Sugar Brown's Coffee with Prosperity Bank, KK's Mall and Orlando's Italian Food nearby.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R132705 |
| Zoning: |
C-2 WITH CONDITIONS |
| Highway Access: |
1 mile from S. Loop 289 off Indiana Avenue near traffic light at 66th street. Accessible location! |
| Total Number of Buildings: |
4 |
| Typical SF / Floor: |
1,353 SF |
| Year Built: |
1974 |
| Year Renovated: |
2013 |
| Parking Type: |
Surface |
| Parking Description: |
There is current parking for approximately 16 vehicles around the building with additional street parking, however opportunity exists to increase that number with removal of some unnecessary landscaping at the back of the property. |
| Total Parking Spaces: |
16 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
LIVE OAK L 197-F & 197-G |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
15,261 |
128,903 |
204,383 |
| Median Age: |
41.11 |
34 |
32.17 |
| Households: |
6,398 |
52,011 |
79,387 |
|
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