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    2435 24Th St Lubbock, TX 79411

    For Lease
    $289,000

    Commercial building near Texas Tech University for lease.

    Property size:
    3,270 SF
    Lot size:
    0.18 Acres

    Property Features for 2435 24Th St

    General Information

    Size
    3,270 SF
    Lot size
    0.18 Acres

    Source: The Powell Group Agent David Powell, CCIM

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

    Overview

    Commercial Building Near Texas Tech

    This commercial building offers a unique opportunity near Texas Tech University, situated at University Ave and 24th St. The property borders the revitalization within the Heart of Lubbock and is adjacent to the Tech Terrace neighborhood. The location lends itself to professional office space, walkable storefront retail, salon and barber service industries, or various other business needs due to its accessibility. Businesses catering to students, families, and residents may find this location suitable. The property has a size of 3270 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.869712
    Latitude
    33.572129

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    FAQs

    What type of property is this?
    Office space - Commercial building near Texas Tech University for lease.
    Where is this office space located?
    The property is located at 2435 24Th St Lubbock, TX.
    What are key features of this property?
    This property features: - Steps from Texas Tech University; - Located at University Ave and 24th St.; - Adjacent to Tech Terrace neighborhood
    (806) 239-0804
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    2435 24Th St Lubbock, TX 79411
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    Realmo Value Estimation

    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.

    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.

    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
    2435 24Th St Lubbock, TX 79411
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