1412-1420 Texas Ave Lubbock, TX 79401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.