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    2523 86Th St Lubbock, TX 79423

    Sponsored
    For Lease
    $26 SF/Yr ($4,467 /Mo)

    2,062 SF, Class A, Single Tenant

    Lot size:
    2,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,062-square-foot Class A office space at 2523 86th St, Lubbock, Texas, presents a unique opportunity for businesses seeking a modern and efficient workspace. Built in 2019, the property boasts a functional layout ideal for a variety of office configurations. The single-tenant occupancy offers complete privacy and control. The interior features seven private offices, providing ample space for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while two restrooms ensure convenience. A well-equipped breakroom/kitchen area offers a comfortable space for employees to relax and recharge. A welcoming reception area creates a professional first impression for clients and visitors. Located in Lubbock County, Texas, zip code 79423, this property benefits from its position in a developing area of Lubbock, offering excellent growth potential. The high ceilings contribute to a bright and spacious atmosphere. This turnkey solution is perfect for businesses seeking immediate occupancy in a thriving community. The property's modern design and functional layout combine to create a highly desirable and productive work environment.

    Property Features for 2523 86Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,062 SF
    Class
    A
    Total Rate
    4467.67

    Building Details

    Year Built
    2019

    Unit(s) available at that property

    Space
    Size
    2,062 SF
    Rate per SF
    $26

    HighLights

    • Seven private offices.
    • Conference room.
    • Reception area.
    • Breakroom/kitchenette.
    • Two restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Service Compression Distribution Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop 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
    -101.87219270859
    Latitude
    33.516663412889

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    FAQs

    What type of property is this?
    Office space - 2,062 SF, Class A, Single Tenant
    Where is this office space located?
    The property is located at 2523 86Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Seven private offices.; Conference room.; Reception area.
    Request Owner's contact information
    2523 86Th 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
    2523 86Th St Lubbock, TX 79423
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