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    6905 Alcove Ave Lubbock, TX 79382

    For Sale
    $1,137,500

    New Construction, Flexible Space, Prime Location

    Property size:
    2,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A office property, situated in the burgeoning West Business Park of Wolfforth, Texas, presents a unique investment opportunity. Completed in 2024, this single-story building offers a total of 2,150 to 4,550 square feet of vacant, adaptable space, perfect for a variety of businesses. The property sits on a half-acre lot (0.5 acres) and enjoys convenient access to the Marsha Sharp Freeway, providing seamless connectivity to Lubbock and beyond. The building's design seamlessly blends into the surrounding new residential developments, creating a desirable and accessible location for employees and clients alike. The flexible layout allows for either separate occupancy of individual suites or a combined use of the entire space, catering to diverse business needs. This multi-tenant building represents a compelling chance to acquire a brand-new, high-quality office space in a rapidly growing area. The asking price is $1,137,500. Located at 6905 Alcove Ave, Wolfforth, TX 79382, in Lubbock County.

    Property Features for 6905 Alcove Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,150 SF
    Class
    A
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    HighLights

    • $1,137,500 asking price for a Class A, vacant office building.
    • 2,150 - 4,550 square feet of space in a multi‑tenant building.
    • Located in Wolfforth, TX (Lubbock County), at 6905 Alcove Ave, 79382.
    • Single‑story, 2024 construction on a 0.5‑acre lot.
    • Convenient access to Marsha Sharp Freeway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon 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
    -101.99177747961
    Latitude
    33.531013478471

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    FAQs

    What type of property is this?
    Office Property Space - New Construction, Flexible Space, Prime Location
    Where is this office property space located?
    The property is located at 6905 Alcove Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,137,500.
    What are key features of this property?
    This property features: $1,137,500 asking price for a Class A, vacant office building.; 2,150 - 4,550 square feet of space in a multi-tenant building.; Located in Wolfforth, TX (Lubbock County), at 6905 Alcove Ave, 79382.
    (806) 722-1206
    Request Owner's contact information
    6905 Alcove Ave Lubbock, TX 79382
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    Lubbock, TX 79382
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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
    6905 Alcove Ave Lubbock, TX 79382
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