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1+ Acre w/Office Available - Near Loop 88 12105 Indiana Ave 4,000 SF Office Building Lubbock, TX 79423 $2,000,000 ($500/SF)
INVESTMENT HIGHLIGHTS
- Prime Location in Lubbock South
- Contemporary and Professional Aesthetic
- 3 Blocks from the New Loop 88
EXECUTIVE SUMMARY
This land is located near 114th and Indiana, a high-traffic area with a growing population. This property is zoned for commercial use, making it ideal for retail, office, and restaurant use. The immediate area has seen great growth in the last decade with the construction of Laura Bush Middle School and the developing Hatton Place and The Gates subdivisions. Walmart, HEB, Academy, Chick-fil-A, many more businesses and the new outer Loop 88 (under development) are only 1 mile away. Water is available along the south side of the property and sewer is located approximately 345’ to the west. Additionally, the recently developed drainage easement to the north has pulled the property out of the floodplain. With a convenient location, good visibility and access, this south Lubbock property is a great opportunity.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
2015
Price
$2,000,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.08
Lot Size
1.19 AC
Parking
17 Spaces (4.25 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R301566 | Improvements Assessment | $407,531 (2025) |
| Land Assessment | $364,420 (2025) | Total Assessment | $771,951 (2025) |
PROPERTY TAXES
Parcel Number
R301566
Land Assessment
$364,420 (2025)
Improvements Assessment
$407,531 (2025)
Total Assessment
$771,951 (2025)
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1+ Acre w/Office Available - Near Loop 88 | 12105 Indiana Ave
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