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    2574 74Th St Lubbock, TX 79423

    For Sale
    Contact for pricing

    Prime South Lubbock Office Building, For Sale

    Property size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A office building, located at 2574 74th St, Lubbock, Texas 79423, presents a unique investment opportunity. The property encompasses 19,000 square feet across two stories in a single, free-standing building situated on a 1.15-acre lot. The building is categorized as a Traditional Office space with a Multi-Tenancy structure and is currently offered for sale by owner. The lease type is NNN (Net, Net, Net). The property boasts excellent visibility due to its location off Loop 289, providing significant exposure for any business. A substantial contiguous space of 10,221 square feet is immediately available, along with other spaces suitable for lease. The entire building is also available for purchase. This property benefits from numerous amenities in the immediate vicinity, making it an attractive location for a variety of businesses. The property is subject to a ground lease. This is a rare opportunity to acquire a well-located, substantial office building in a thriving South Lubbock area. The property's size, location, and available space make it ideal for a variety of uses.

    Property Features for 2574 74Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    19,000 SF
    Class
    A
    Lot Size
    50,094 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 19,000 SF Class A office building on a 1.15‑acre lot in Lubbock, TX.
    • Free‑standing, two‑story building with a multi‑tenant structure.
    • NNN lease, currently offered for sale by owner; ground lease in place.
    • Excellent visibility off Loop 289 with 10,221 SF of contiguous space immediately available.
    • Entire building available for purchase; ideal for various uses in a thriving South Lubbock location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Thoma Engineering Engineering Consultant Pearson Professional Center Educational Consultant A New Day of Grace Massage Therapist Paladin's Healing Touch Massage Spa Campbell Counseling & Consulting, ... Mental Health Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8753269
    Latitude
    33.5283722

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    FAQs

    What type of property is this?
    Office Property / Space - Prime South Lubbock Office Building, For Sale
    Where is this office property / space located?
    The property is located at 2574 74Th St Lubbock, TX.
    What are key features of this property?
    This property features: 19,000 SF Class A office building on a 1.15-acre lot in Lubbock, TX.; Free-standing, two-story building with a multi-tenant structure.; NNN lease, currently offered for sale by owner; ground lease in place.
    (806) 745-9718
    Request Owner's contact information
    2574 74Th 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
    2574 74Th St Lubbock, TX 79423
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