Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6113 43Rd St Lubbock, TX 79407

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $10 SF/Yr ($5,912 /Mo)

    Flex space with offices, break area, and storage areas.

    Property size:
    7,095 SF
    Lot size:
    1.81 Acres

    Property Features for 6113 43Rd St

    General Information

    Size
    7,095 SF
    Lot size
    1.81 Acres

    We can help!

    Listing Contact
    Scott Womack
    Source: Moodyscre

    Listing Agent: Scott Womack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lubbock Flex Space For Rent

    This flex space offers offices, a break area, and storage areas in the back. It features grade-level overhead doors. The property is located in the Santa Fe Park subdivision, an area with flex, warehouse, and industrial spaces in west Lubbock. The location provides proximity to multiple restaurants, shopping centers, and hotels within a one-mile radius. It also offers convenient access to Milwaukee Avenue, West Loop 289, and Marsha Sharp Freeway, facilitating travel to various parts of Lubbock and the Texas South Plains. The property has a size of 7095 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Natural Resource Conservation Government US Rural Development Federal Government Office PharMerica – Lubbock, TX Pharmacy Agiliti Medical Equipment Supplier Natural Resources Conservation ... Conservation Department

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9492706
    Latitude
    33.55585

    Nearby Similar for Lease

    • $2,600 /Mo
      8,330 SF

      New Class A Office Space

      Premium office spaces in high-traffic Lubbock location, built in 2025.
      206 Slide Rd, Lubbock, TX 79416
      View Details
    • $4,500 /Mo
      11,400 SF

      Lubbock Commercial Property with Warehouse

      4.625-acre property featuring renovated office, warehouse, and ag barn.
      510 Valencia Ave, Lubbock, TX 79416
      View Details
    • $11 SF/Yr
      7,200 SF

      New Office-Warehouse Facility For Lease

      New construction office-warehouse with drive-through access in growing industrial corridor.
      8922 County Rd 6820, Lubbock, TX 79407
      View Details
    • New
      $3,869 /Mo
      2,381 SF

      Move-in Ready Southwest Lubbock Office

      Modern office space with upgrades and convenient access in Lubbock.
      6403 107Th St, Lubbock, TX 79424
      View Details
    • $22 SF/Yr
      18,731 SF

      Modern Office Space in Lubbock

      Modern office space in a prime Lubbock location.
      6905 82Nd St, Lubbock, TX 79424
      View Details
    • $10 SF/Yr
      4,576 SF

      Versatile Two-Story Commercial Office Building

      Two-story commercial office building with ample parking and flexible layout.
      2529 74Th St, Lubbock, TX 79423
      View Details
    • $11,600 /Mo
      3,292 SF

      Move-in Ready Office Space

      Office space with operatory, restrooms, break room, and reception.
      6102 82Nd St, Lubbock, TX 79424
      View Details
    • $18 SF/Yr
      26,739 SF

      Lubbock Office Space Available

      Office space for lease in Lubbock, Texas.
      7202 Slide Rd, Lubbock, TX 79424
      View Details
    • $19 SF/Yr
      2,259 SF

      Lubbock Office Space For Lease

      Prime office space with modern amenities and cost-saving features.
      3402 110Th St, Lubbock, TX 79423
      View Details
    • $500 /Mo
      160 SF

      Furnished Office Suites for Lease

      Private, furnished office suites in a multi-tenant co-working space.
      3610 34Th St, Lubbock, TX 79410
      View Details
    • $10 SF/Yr
      10,580 SF

      Lubbock Commercial Space For Rent

      Highly visible commercial space with warehouse in Lubbock, Texas.
      4809 Loop 289 W, Lubbock, TX 79414
      View Details
    • $22 SF/Yr
      3,869 SF

      New Smart Garden Office Space

      Brand new construction office space in developing area of Lubbock.
      3204 140Th St, Lubbock, TX 79423
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with offices, break area, and storage areas.
    Where is this flex space located?
    The property is located at 6113 43Rd St Lubbock, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Excellent Location: Situated in Santa Fe Park subdivision, a hub for flex, warehouse, and industrial businesses in west Lubbock.; - Convenient Access: Close proximity to Milwaukee Avenue, West Loop 289, and Marsha Sharp Freeway.; - Functional Flex Space: Includes offices, a break area, and storage areas.
    (806) 784-3265
    Request Owner's contact information
    6113 43Rd St Lubbock, TX 79407
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6113 43Rd St
    Lubbock, TX 79407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6113 43Rd St Lubbock, TX 79407
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Womack
    Real Estate License ID: TX 437816
    (806) 784-3265
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.