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    Mixed-Use Property in Lubbock, TX Title is generated by Realmo AI

    8312 Upland Ave, Lubbock, TX 79424

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    Mixed-use property with office space available for sale.

    Type:Mixed Use, Office
    Property size:
    14,043 SF
    Price / SF:
    $178/SF
    Added:
    Mar 18, 2026
    Days on Market:
    113
    Last Refresh:
    Jul 4 at 7:11 am

    Property Features for 8312 Upland Ave

    General Information

    Standard status
    Active
    Size
    14,043 SF
    Property subtype
    Mixed Use, Office

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    Rex Andrews

    Listing office Keller Williams Realty

    Listing date Mar 18, 2026

    Source Crexi

    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 Realty

    HighLights

    • Mixed‑use property
    • Office space available
    • Property for sale

    Overview

    This mixed-use property, located in Lubbock, TX, offers a total area of 14,043 square feet. The property is suitable for commercial real estate purposes, including office spaces.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $328.6k $23.40
    − Vacancy −$32.9k −$2.34
    EGI $295.7k $21.06
    − OpEx −$110.9k −$7.90
    NOI $184.8k $13.16
    14,043 SF · lease $23.40/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $2.64M
    $2.31M – $3.08M (±1% cap)
    NOI $184,841 @ 7.0% cap · market cap 7.39%
    Second Best
    Office B
    $2.62M
    $2.29M – $3.06M (±1% cap)
    NOI $183,577 @ 7.0% cap · market cap 7.34%
    Theoretical Best
    Office A
    $3.54M
    $3.10M – $4.13M (±1% cap)
    NOI $247,820 @ 7.0% cap · market cap 9.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Centerline Engineering & Consulting Land Surveyor

    Suggested Use

    Law Firm Real Estate Agency Big Box & Wholesale Store Restaurant Pharmacy Nail Salon Building Supply Hair Salon Furniture & Home Goods Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9755801
    Latitude
    33.5160786

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with office space available for sale.
    Where is this mixed-use property located?
    The property is located at 8312 Upland Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,499,999.
    What are key features of this property?
    This property features: Mixed‑use property; Office space available; Property for sale
    More about this property
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