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$2,160,000

NAL Estimated Property Value

6701 Aberdeen Ave, Lubbock, TX, 79424

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths27,032 Sq Ft
price_per_sqft$142.42 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.30 acres

Building Information

Year Built1985

Land Information

APNR91858
Lot Number2
SubdivisionSentry Park Development
Land UseCommercial
Legal DescriptionSENTRY PARK TR D-1-A & D-1-B & D-1-C
Census Tract001712
Assessed Land Value$501,500
Assessed Improvement Value$1,658,500
Assessment Year2025

About this property

Presenting an exceptional investment opportunity at 6701 Aberdeen Ave in Lubbock, Texas—a well-maintained multi-tenant commercial office building offering strong cash flow and long-term investment potential. This approximately 27,032-square-foot property features 11 professional suites and is currently approximately 92% occupied, providing immediate, stable income with minimal vacancy. Ideally located just off Slide Road and Loop 289, one of Lubbock's most established business areas, the property offers excellent accessibility and convenience for tenants and visitors alike. The surrounding area is home to numerous established businesses, including Hobby Lobby, Embassy Suites, Quarter Four, as well as a variety of restaurants, retail centers, hotels, and professional offices. This highly desirable location continues to support strong tenant demand and long-term investment value. With its established tenant base, strong occupancy history, and prime location, 6701 Aberdeen Ave presents an outstanding opportunity for investors seeking a stabilized, income-producing commercial asset in one of West Texas' strongest markets.

Investor Tools

Property Icon
$2,160,000
Estimated Property Value
$134,241Estimated Mortgage Balance
$2,025,759Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,100 /month
Positive
Cash Flow Estimate:
$7,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,085/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,220
$2,160,000
2025
$501,500
$1,658,500
$2,160,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$38,220
$2,160,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Ruthardt Etux
Commercial
$180,000
No
First
Dec 30, 2014
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,241
$2,025,759
93%
6%
$1,080/mo

City: Lubbock

6701 Aberdeen Ave | Property Details | No Agent List