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    1014 Broadway St Lubbock, TX

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    For Sale
    $445,000

    Versatile property with office space and residential rental income.

    Property size:
    4,711 SF
    Lot size:
    0.07 Acres

    Property Features for 1014 Broadway St

    General Information

    Size
    4,711 SF
    Lot size
    0.07 Acres

    Source: Keller Williams Commercial Lubbock Agent Wendy Jones

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

    Overview

    Downtown Mixed-Use Opportunity

    This property offers a combination of professional office space and residential units. The main level features a central reception area leading to 6 individual offices and a spacious conference room. A shared common area includes a kitchenette and two bathrooms. Upstairs, a large private office overlooks the street. The rear of the property has been converted into two residential units. On the main level, a one-bedroom apartment offers a modern lifestyle setting suitable for short- or long-term rental. Above, a loft-style apartment features open ceilings, natural light, a large living area, kitchen, and spacious bedroom, ideal for a live-work setup or as an income producer. This property presents flexibility for investors and owner-occupants.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8521082
    Latitude
    33.584646

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    FAQs

    What type of property is this?
    Office space - Versatile property with office space and residential rental income.
    Where is this office space located?
    The property is located at 1014 Broadway St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: - Prime downtown location offering versatile professional office spaces.; - Potential for residential rental income from two separate units.; - Main level features 6 individual offices, a conference room, and shared common areas.
    (806) 928-9463
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    1014 Broadway St Lubbock, TX
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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
    1014 Broadway St Lubbock, TX
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