See Home Value
Lubbock 79424
4701 Loop 289
$2,293,724*
● Commercial - Off Market

4701 Loop 289

Lubbock, TX 79424
bedrooms
Studio
bathrooms
0 Bath
square feet
19,025 Ft²
$2,070,000 - $2,530,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This well-maintained 19,025 sf building on Lubbock's South Loop is for sale below the appraised "as-is" value of $2,330,000. Renovated in 2018, this property would make an excellent owner-occupied office or investment property once backfilled at market rental rates. The property has excellent visibility and access from the loop, which sees over 60,000 vehicles per day. The property is zoned "C-2" and can accommodate a variety of office or retail uses. It is located outside of the FEMA flood zone. The owner currently occupies 15,000 sf of the property and will require a leaseback of 6 to 12 months after closing. The 4,000 sf unit is leased through July 2024. Financial information is available upon request. The 15,000 sf unit is also available for lease at $15.00/sf/yr + NNN.

The manager has listed the unit size as 19025 square feet.
Unit Size
19,025 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$121
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

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Price History

Date / Event Date Event Price
Jul 11, 2023 No longer available -
No longer available
Jan 26, 2023 Listed $2,300,000
Listed

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230126
01/26/2023
Loft
-
19025 ft²
$2,300,000
bedrooms
Loft
bathrooms
-
square feet
19025 ft²
-
-
Scott Toman
RE/MAX Lubbock

Building Info

4701 Loop 289 4701 Loop 289, Lubbock, TX 79424
More about this Building
4701 Loop 289
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