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    8341 Upland Ave Lubbock, TX 79424

    For Sale
    $850,000

    Prime 3,250 SF Office Space, $850K

    Property size:
    3,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A office building, newly constructed in 2023, presents a unique investment opportunity in Lubbock, Texas. Located at 8341 Upland Avenue, this single-story, 3,250 square foot property boasts a prime location within the city's thriving Office (O) zoning district. The building's modern design and efficient layout cater perfectly to executive or traditional office needs. With a total of 3,250 square feet of usable space, the building offers ample room for a variety of business configurations. The asking price is $850,000, translating to approximately $261 per square foot. The property's APN is R347582. This turnkey solution provides immediate occupancy and the advantage of a brand-new structure, minimizing maintenance concerns and maximizing operational efficiency. Situated in Lubbock County, Texas, with a zip code of 79424, this property benefits from excellent accessibility and visibility. The address is easily identifiable and conveniently located within the city. This represents a rare opportunity to acquire a high-quality, modern office building in a desirable location. The property's modern design and efficient layout make it an ideal choice for businesses seeking a prestigious and functional workspace. Invest in this exceptional property and establish your business in a thriving Lubbock location.

    Property Features for 8341 Upland Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,250 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    HighLights

    • $850,000 asking price.
    • 3,250 square foot Class A office building.
    • Located at 8341 Upland Ave, Lubbock, TX 79424.
    • One‑story building, constructed in 2023.
    • O (Office District) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9735601
    Latitude
    33.5166127

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 3,250 SF Office Space, $850K
    Where is this office property / space located?
    The property is located at 8341 Upland Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 3,250 square foot Class A office building.; Located at 8341 Upland Ave, Lubbock, TX 79424.
    (806) 776-1270
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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
    8341 Upland Ave Lubbock, TX 79424
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