Free-Standing Office
For Sale
$669,300
6925 82nd Street, Lubbock, TX 79424
New construction office building featuring seven private offices, including two executive offices.
Property Size2,231 SF
Days on Market133
Property Features for 6925 82nd Street
General Information
Standard status
Active
Size
2,231 SF
Class
A
Property subtype
Office
Building Details
Building Size
2,231 SF
Year Built
2025
Listing Agency:
WestMark Commercial | TCN Worldwide
Listed By:
Karen Higgins, CCIM · License #TX #0331521-B
(806) 776-2833
Source:
Westmarkcommercial
Added: Jun 2
Changed: Oct 4
Last Checked: Oct 11 at 5:30AM
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 WestMark Commercial | TCN Worldwide
Investment Insights
Based on property information with market context.
Brand-new, free-standing office building offering a thoughtfully designed layout with seven private offices, including two executive offices. The property is presented with modern finishes and newly constructed curb appeal.
Located on West 82nd Street, the building is available for lease or purchase and provides a stand-alone location suitable for an owner-user seeking a turnkey office space.
The interior configuration supports a professional workplace with multiple private offices, including executive-level rooms, designed to accommodate day-to-day office operations.
Located on West 82nd Street, the building is available for lease or purchase and provides a stand-alone location suitable for an owner-user seeking a turnkey office space.
The interior configuration supports a professional workplace with multiple private offices, including executive-level rooms, designed to accommodate day-to-day office operations.
Key Highlights
- New construction, free‑standing office building on West 82nd Street (YearBuilt: 2025)
- Interior layout includes 7 private offices, including 2 executive offices
- Designed floor plan for a professional office setting with standalone building configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,165
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,300
$583.3K
Cap Rate 7%
$416,643
$416.6K
Cap Rate 9%
$324,056
$324.1K
Market Conditions
NOI Build-Up for 2,231 SF
Gross rent
$46.9K $21.00/SF
− Vacancy
−$8.0K −$3.57/SF
EGI
$38.9K $17.43/SF
− OpEx
−$9.7K −$4.36/SF
NOI
$29.2K $13.07/SF
Area
Lubbock, TX
Vacancy
17.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,300
Cap Rate 7%
$416,643
Cap Rate 9%
$324,056
Alternative Uses
Best Use
Office B
$416.6K
$364.6K – $486.1K
NOI $29,165 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$562.4K
$492.1K – $656.2K
NOI $39,371 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
466
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - New construction office building featuring seven private offices, including two executive offices.
Where is this office building located?
The property is located at 6925 82nd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $669,300.
What are key features of this property?
This property features: New construction, free‑standing office building on West 82nd Street (YearBuilt: 2025); Interior layout includes 7 private offices, including 2 executive offices; Designed floor plan for a professional office setting with standalone building configuration
