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    4007 98Th St Lubbock, TX 79423

    For Lease
    $27 SF/Yr ($10,964 /Mo)

    Modern Lubbock Office Suites, 2,436-4,873 SF

    Lot size:
    4,873 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, completed in 2023, offers flexible space in Lubbock, Texas. Located at 4007/4009 98th Street, this single-story property provides a total of 4,873 square feet, divisible into units as small as 2,436 square feet or leased as a contiguous 4,873 square foot space. The building features eight private offices, a breakroom, copy room, and conference room. Each suite includes two restrooms and ample storage. The property's convenient location on 98th Street offers easy access to major retail areas and the new Loop 88. Ideal for businesses seeking modern, efficient, and well-appointed office space, this property presents a unique opportunity in a thriving Lubbock location. The building is designed as two adjoining suites, allowing for either individual or combined occupancy. This provides a high degree of flexibility for tenants of varying sizes and needs. The modern design and amenities make this an attractive option for businesses seeking a professional and productive work environment. The property's prime location ensures excellent visibility and accessibility, making it an ideal choice for businesses looking to establish a strong presence in Lubbock. The ample parking and convenient access to major roadways further enhance the property's appeal.

    Property Features for 4007 98Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,873 SF
    Class
    A
    Total Rate
    10964.25

    Building Details

    Year Built
    2023
    Stories
    1

    Unit(s) available at that property

    Space
    4009 98th St
    Size
    2,436 SF
    Rate per SF
    $27

    HighLights

    • New 2023 construction, Class A office building totaling 4,873 square feet in Lubbock, TX.
    • Located at 4007/4009 98th Street, easily divisible into two 2,436 sq ft suites or leasable as a single 4,873 sq ft unit.
    • Features eight private offices, breakroom, copy room, and conference room; each suite includes two restrooms and ample storage.
    • Excellent location with easy access to major retail and Loop 88, offering high visibility and accessibility.
    • Ample parking available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.89972086952
    Latitude
    33.505143101665

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Lubbock Office Suites, 2,436-4,873 SF
    Where is this office property / space located?
    The property is located at 4007 98Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: New 2023 construction, Class A office building totaling 4,873 square feet in Lubbock, TX.; Located at 4007/4009 98th Street, easily divisible into two 2,436 sq ft suites or leasable as a single 4,873 sq ft unit.; Features eight private offices, breakroom, copy room, and conference room; each suite includes two restrooms and ample storage.
    Request Owner's contact information
    4007 98Th St Lubbock, TX 79423
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4007 98Th St Lubbock, TX 79423
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