Office Building with Open
For Sale
$385,000
7327 19th St, Lubbock, TX 79407
Four private offices and two full bathrooms complement a shared central work area.
Property Size2,050 SF
Price / SF$187.80
Days on Market15
Property Features for 7327 19th St
General Information
Standard status
Active
Size
2,050 SF
Taxes and HOA fees
Annual Taxes
$1,857
Amenities
4 private rooms/offices
2 full baths
expansive central open workspace
full kitchen with island
dining/break area
laundry/utility room
ample storage
2 storage units
Listing Agency:
Lubbock Select Realty
(806) 696-7700
Listed By:
Laura Luna · License #0728524
(806) 329-8407
Source:
Exprealty
Added: Sep 23
Changed: Oct 6
Last Checked: Oct 7 at 3:54PM
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 Lubbock Select Realty
Investment Insights
Based on property information with market context.
At 7327 19th St in Lubbock, this 2,050-square-foot office building includes four private rooms, two full bathrooms, and a large central workspace. A kitchen with an island, dining and break area, laundry and utility room, and storage round out the interior layout.
The exterior includes approximately 3,602 square feet of concrete driveway, two covered carport areas, and two storage units. The property is located along the 19th Street corridor in West Lubbock.
The exterior includes approximately 3,602 square feet of concrete driveway, two covered carport areas, and two storage units. The property is located along the 19th Street corridor in West Lubbock.
Key Highlights
- 2,050‑square‑foot office building
- Four private rooms and two full bathrooms
- Central open workspace, kitchen with island, and dining or break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,799
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,980
$536.0K
Cap Rate 7%
$382,843
$382.8K
Cap Rate 9%
$297,767
$297.8K
Market Conditions
NOI Build-Up for 2,050 SF
Gross rent
$43.1K $21.00/SF
− Vacancy
−$7.3K −$3.57/SF
EGI
$35.7K $17.43/SF
− OpEx
−$8.9K −$4.36/SF
NOI
$26.8K $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%
$535,980
Cap Rate 7%
$382,843
Cap Rate 9%
$297,767
Alternative Uses
Best Use
Office B
$382.8K
$335.0K – $446.7K
NOI $26,799 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.8K
$452.2K – $603.0K
NOI $36,177 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Four private offices and two full bathrooms complement a shared central work area.
Where is this office building located?
The property is located at 7327 19th St Lubbock, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,050‑square‑foot office building; Four private rooms and two full bathrooms; Central open workspace, kitchen with island, and dining or break area
