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Property profile & analytics
OFF-MARKET
Office Spaces

1401 Avenue M Lubbock, TX 79401

8,200 SF 0.75 ac lot Built 2010
Property ID
Property summary
AI-generated overview

This meticulously maintained, 8,200 square foot, single-story office building is located in downtown Lubbock, Texas, at 1401 Avenue M, zip code 79401. Built in 2010 on a 0.746-acre lot, this one-owner property offers a turnkey solution for a professional user or an attractive NNN investment opportunity. The building features a private parking lot with 49 spaces, xeriscape landscaping, and a durable metal roof. The interior includes a welcoming waiting area, reception desk, and conference room, along with nine individual offices, a kitchenette, two restrooms, and a large storage room equipped with built-in storage racks. Its convenient downtown location provides easy access to major roadways including I-27/US-87 and US 62/82, offering excellent connectivity to south and west Lubbock. The asking price is $1,100,000, translating to $134.15 per square foot. This property represents a rare opportunity to acquire a well-maintained, established office building in a prime downtown location.

Property profile
Verified
Property type Office Spaces
Year built 2010
Total area 8,200 SF
Lot 0.75 ac (32,496 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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