Redevelopment Opportunity on Hard Corner

Office for Sale
Catylist Listing ID: 30772249
Property Subtypes: Office Building
Building Size (RSF): 5,011 SF
Gross Land Area: 0.62 Acres
Sale Price: $499,900
Unit Price: $99.76 PSF
Property Use Type: Investment
Building Name: Redevelopment Opportunity on Hard Corner
Class of Space: Class C
Usable Size (USF): 5,011 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

The property consists of two adjacent buildings that have a combined net rentable area of 5,011 square feet. The buildings are separate but connected by a breeze way and share parking, and are ideally suited for a single user. The larger building containing +/- 3,259 SF was previously an optometrist office with several rooms containing sinks. The smaller building contains +/- 1,752 SF and was used as an eyeglass retail location. This space could serve as retail or an open office area/workspace.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R25807
Zoning: C-2A
Property Located Between: Located on the Northwest corner of 50th Street and Flint Avenue.
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 5,011 SF
Year Built: 1965

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,831 134,964 218,227
Median Age: 34.94 32.61 31.97
Households: 7,551 52,136 84,492

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