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Two-Building Office Property with Parking
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2315 and 2321 50th Street, Lubbock, TX 79412

Two office buildings on 50th Street offer multiple suites, extensive parking, and recent roof and parking improvements.

Property SizeContact for details
Days on Market137

Property Features for 2315 and 2321 50th Street

General Information

Standard status Active
Total Parking Spaces 74
Property subtype Office
Occupancy 92%

Additional Details

Office Units 25

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: Tidwell Properties
Listed By: Brent Tidwell · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tidwell Properties

Investment Insights

Based on property information with market context.

This offering includes two fronted office buildings, 2315 and 2321 50th Street, with a breezeway connection between the buildings and shared water service. The property is well maintained and family managed, with exterior lighting controlled by timers for nighttime illumination. Parking is substantial, with 36 spaces at 2315 and 38 spaces at 2321, plus additional rear parking if needed.

The 2315 building contains 10 suites, each with its own front and back doors, HVAC, bathrooms, and an electrical panel. Suite A and Suite B are coming available, with Suite A having original-owner character features described as woodwork, Austin stone, and windows throughout. If additional space is needed, Suites C and D are expected to become available this summer.

The 2321 building includes 15 office spaces, with two offices facing 50th Street that have their own HVAC and bathrooms and street-facing entrances. The remaining offices share common front doors and air, along with four bathrooms that were remodeled in 2020. 2321 also includes a cell tower lease with American Tower that began in 2010 and provides 3% annual escalation, with the current monthly rent stated as $855.

Key Highlights

  • Two office buildings at 2315 & 2321 on 50th Street (south side), with a breezeway between buildings and one shared water meter.
  • Extensive on‑site parking: 36 spaces at 2315, 38 spaces at 2321, plus additional rear parking if needed.
  • Recent improvements: new roofs installed 2021–2022 and parking lots sealcoated in 2023; exterior lighting on timers.

Property Analytics

Current Use

Galatia Insurance Partners Insurance Agency Business Communications Solutions Telecommunications Service Allied Universal® Security ... Security Service China Acupuncture Clinic Medical Clinic Custom Maids Lubbock Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Auto Parts Store Restaurant Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Office units
92%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 79412, TX

14,834
Population
6,480
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
4,636
Density / Sq Mi
$47,306
Median Household Income
$29,233
Median Earnings
$964
Median Rent
$117,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two office buildings on 50th Street offer multiple suites, extensive parking, and recent roof and parking improvements.
Where is this office units located?
The property is located at 2315 and 2321 50th Street Lubbock, TX.
What are key features of this property?
This property features: Two office buildings at 2315 & 2321 on 50th Street (south side), with a breezeway between buildings and one shared water meter.; Extensive on‑site parking: 36 spaces at 2315, 38 spaces at 2321, plus additional rear parking if needed.; Recent improvements: new roofs installed 2021–2022 and parking lots sealcoated in 2023; exterior lighting on timers.
More about this property
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