Single-Story Office
For Sale
$637,450
6613 Monticello Avenue, Lubbock, TX 79424
Professional suites offer private entrances, adaptable layouts, dedicated parking, and signage opportunities.
Property Size2,090 SF
Price / SF$305
Days on Market54
Property Features for 6613 Monticello Avenue
General Information
Standard status
Active
Size
2,090 SF
Class
A
Property subtype
OFC
Zoning
Auto-Urban Commercial (AC)
Amenities
private exterior entrances
signage opportunities
Building Details
Building Size
2,090 SF
Year Built
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
Keller Williams Commercial Lubbock
Listed By:
Jeremy Steen · License #685530
(806) 392-0578
Source:
Realnex
Added: Sep 9
Changed: Sep 11
Last Checked: Nov 1 at 2:13AM
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 Keller Williams Commercial Lubbock
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2026 office development provides 2,090 sqft of professional space in a single-story garden-office format. Suites feature separate exterior entrances, flexible floor plans, dedicated parking, and opportunities for property signage. The setting is designed for a client-facing professional environment and supports medical, healthcare, and general office operations.
Located at 6613 Monticello Avenue in Lubbock, Texas, the property is zoned Auto-Urban Commercial (AC). The office configuration is suited to practices and service providers including attorneys, accountants, financial advisors, and other professional users.
Located at 6613 Monticello Avenue in Lubbock, Texas, the property is zoned Auto-Urban Commercial (AC). The office configuration is suited to practices and service providers including attorneys, accountants, financial advisors, and other professional users.
Key Highlights
- 2,090 sqft of professional office space
- Single‑story garden‑office development built in 2026
- Private exterior entrances for each suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,072
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,440
$561.4K
Cap Rate 7%
$401,029
$401.0K
Cap Rate 9%
$311,911
$311.9K
Market Conditions
NOI Build-Up for 2,090 SF
Gross rent
$51.4K $24.60/SF
− Vacancy
−$4.6K −$2.21/SF
EGI
$46.8K $22.39/SF
− OpEx
−$18.7K −$8.95/SF
NOI
$28.1K $13.43/SF
Area
Lubbock, TX
Vacancy
9.00%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,440
Cap Rate 7%
$401,029
Cap Rate 9%
$311,911
Alternative Uses
Best Use
Healthcare Medical
$401.0K
$350.9K – $467.9K
NOI $28,072 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$390.3K
$341.5K – $455.4K
NOI $27,322 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$526.9K
$461.0K – $614.7K
NOI $36,883 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 79424, TX
53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional suites offer private entrances, adaptable layouts, dedicated parking, and signage opportunities.
Where is this office unit located?
The property is located at 6613 Monticello Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $637,450.
What are key features of this property?
This property features: 2,090 sqft of professional office space; Single‑story garden‑office development built in 2026; Private exterior entrances for each suite
