2224 MarshallLubbock, TX 79415

  • Office properties
  • 39,925 SF
Off market
$1,726,952 Estimated

Property Details for 2224 Marshall

Year built
1977
Lot size
15.03 AC
Property size (Sq ft)
39,925 SF
Zone code
38
Property type
Office properties
Property subtype
Office buildings
APN
R105068
APU
R105068

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,923,228
    6.5%
    $5,467,596
    7%
    $5,077,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,561,958
    Geo Method
    $4,803,776
  • Alternative Use

    Use
    Valuation
    Residential
    $6,779,818
    Hospitality
    $6,210,277
    Educational
    $5,166,878
    Medical
    $5,344,574
    Retail
    $8,037,365
2224 Marshall, Lubbock, Texas

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.6151
Longitude
-101.866
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,329,045
  • Assessed land value
    $98,188
  • Assessed value
    $1,427,233
  • Tax year
    2023
  • Tax bill
    $26,530

FAQs

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