Property profile

23 Briercroft Office Park Lubbock, TX 79412

OFF-MARKET
Office Spaces
0.5 ac lot
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Property summary

AI-generated overview

This exceptional two-story office building, located at 23 Briercroft Office Park in Lubbock, Texas, presents a unique investment opportunity. Situated on a half-acre lot (0.5 acres) and zoned R-3, this traditional office building offers approximately 6,500 square feet of versatile space, ideal for single or multi-tenant occupancy. Each floor boasts approximately 3,250 square feet of well-designed office space. The first floor features three to four private offices (one easily adaptable as a conference room), nine cubicle workstations, two restrooms, two storage areas, and a spacious break room. The second floor offers five private offices, a large conference room, a break room, restrooms, and a large open area accommodating eight to ten additional cubicles. The property includes approximately forty private parking spaces, providing ample convenience for employees and clients. This property is available for sale at $750,000, and seller financing is available. This is a rare opportunity to acquire a well-maintained, functional office building in a desirable Lubbock location. Contact for details.

Property profile

Verified
Property type Office Spaces
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Insurance Agency
  • Hardware & Home Improvement General Contractor
  • Hardware & Home Improvement General Contractor

Location

23 Briercroft Office Park Lubbock, TX 79412
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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