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7201 Marsha Sharp Fwy
Lubbock, TX 79407
Office Property For Sale
Investment Highlights
- Highway Frontage
- High Traffic
- Heated and Cooled
Executive Summary
7201 Marsha Sharp Fwy presents a rare opportunity to acquire a turn-key religious facility or adaptable office/flex property in highly desirable West Lubbock. Ideally positioned along the frontage road of Marsha Sharp Freeway, the property offers excellent visibility and convenient access.
The site features two buildings totaling over 18,000 square feet of heated and cooled space. The main building (14,097 SF) is well-equipped with multiple offices, classrooms, and a spacious auditorium, making it perfectly suited for a place of worship, educational use, or conversion to office space. The secondary building (4,025 SF) offers a wide-open layout, currently utilized for youth activities, and can easily be reconfigured to fit a variety of needs.
In addition to ample parking surrounding the main improvements, the sale includes an adjacent 0.4-acre tract that is fully paved and utilized for additional parking. This parcel also includes a 7-unit storage building, providing an excellent opportunity for supplemental income or owner use.
With its flexible layout, strong location, and income-producing potential, 7201 Marsha Sharp Fwy is well-positioned for a variety of users. Don’t miss this unique investment or owner-user opportunity.
The site features two buildings totaling over 18,000 square feet of heated and cooled space. The main building (14,097 SF) is well-equipped with multiple offices, classrooms, and a spacious auditorium, making it perfectly suited for a place of worship, educational use, or conversion to office space. The secondary building (4,025 SF) offers a wide-open layout, currently utilized for youth activities, and can easily be reconfigured to fit a variety of needs.
In addition to ample parking surrounding the main improvements, the sale includes an adjacent 0.4-acre tract that is fully paved and utilized for additional parking. This parcel also includes a 7-unit storage building, providing an excellent opportunity for supplemental income or owner use.
With its flexible layout, strong location, and income-producing potential, 7201 Marsha Sharp Fwy is well-positioned for a variety of users. Don’t miss this unique investment or owner-user opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
18,122 SF
Building Class
B
Year Built
1980
Price
$2,450,000
Price Per SF
$135.19
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,122 SF
Building FAR
0.55
Lot Size
0.75 AC
Parking
12 Spaces
Amenities
- Day Care
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | R38541 | Improvements Assessment | $723,567 |
| Land Assessment | $524,025 | Total Assessment | $1,247,592 |
Property Taxes
Parcel Number
R38541
Land Assessment
$524,025
Improvements Assessment
$723,567
Total Assessment
$1,247,592
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