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    Updated Commercial Space with Offices Title is generated by Realmo AI

    10210 Frankford Avenue, Lubbock, TX 79424

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    Claim this Listing
    For Sale
    $1,250,000

    COMMERCIAL - Lubbock, TX

    Type:Office
    Property size:
    7,224 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $173/SF
    Added:
    Sep 26, 2025
    Days on Market:
    265
    Last Refresh:
    Jun 17 at 2:06 pm

    Property Features for 10210 Frankford Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Size
    7,224 SF
    Lot size
    0.39 Acres

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    Jacoby Madewell
    Jacoby Madewell

    Listing agent Jacoby Madewell License #0637317

    Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th Flr, Austin, TX

    Listing date Sep 26, 2025

    MLS# 202561112

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 18 private offices, each with dedicated network cabling, ideal for tech‑driven businesses.
    • Spacious conference room for meetings and collaboration.
    • Grand entry foyer with fireplace creates a professional and inviting first impression.
    • Three private unisex bathrooms for convenience.
    • Private employee courtyard for breaks and outdoor gatherings.
    • Tesla charger for modern functionality.

    Overview

    This updated commercial space is designed to accommodate a team's success. The property includes 18 private offices, each equipped with dedicated network cabling. A spacious conference room is available for meetings and collaboration. The grand entry foyer features a fireplace. There are three private unisex bathrooms. A private employee courtyard is available for breaks or outdoor gatherings. Amenities include a Tesla charger. The building has a new roof coming soon. The property contains 7,224 square feet and is situated on a 0.39-acre lot.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $151.7k $21.00
    − Vacancy −$25.8k −$3.57
    EGI $125.9k $17.43
    − OpEx −$31.5k −$4.36
    NOI $94.4k $13.07
    7,224 SF · lease $21.00/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.35M
    $1.18M – $1.57M (±1% cap)
    NOI $94,436 @ 7.0% cap · market cap 7.55%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,483 @ 7.0% cap · market cap 10.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flatland Realty Real Estate Agency Fed Retirement Edu Consultant Hub City Rentals Property Management Company Cortnee Smith, REALTOR ... Real Estate Agency PROP Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.940213
    Latitude
    33.499519

    FAQs

    What type of property is this?
    Office building - Move-in ready commercial space featuring private offices and modern amenities.
    Where is this office building located?
    The property is located at 10210 Frankford Avenue Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 18 private offices, each with dedicated network cabling, ideal for tech‑driven businesses.; Spacious conference room for meetings and collaboration.; Grand entry foyer with fireplace creates a professional and inviting first impression.
    More about this property
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