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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1412-1420 Texas Ave Lubbock, TX 79401

6,307 SF 0.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1412-1420 Texas Ave in Lubbock, Texas, presents a unique opportunity for businesses seeking flexible office space in a vibrant downtown setting. The property, classified as Class C, encompasses a total of 6,307 square feet across a two-story building situated on a 0.45-acre lot (19,563 square feet). Currently, the entire 6,307 square feet is vacant, offering a blank canvas for customization. The space is adaptable to various needs, with a minimum divisible space of 2,941 square feet and a maximum contiguous space of 3,366 square feet. The property's designation as both Traditional and Executive Office space, along with its "Shopping centre" subtype, suggests versatility for a range of businesses. Located in Lubbock County, with a 79401 zip code, this property benefits from its central downtown location. The building's shell condition provides an opportunity for tenants to design and build out the space to perfectly meet their specific requirements. This is an ideal opportunity for a business seeking a prominent location with significant space to grow. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,307 SF
Lot 0.45 ac (19,602 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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