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Property profile & analytics
OFF-MARKET
Banks

1001 Main St Lubbock, TX 79401-3321

300 SF 0.29 ac lot Built 1979
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4608916
Property summary
AI-generated overview

This eight-story, Class B office building, known as the Court Place Office Tower or Lubbock National Bank Building, offers 101,720 square feet of versatile space at 1001 Main St, Lubbock, TX 79401. Currently, 20,564 square feet is available, divisible into units as small as 185 square feet and up to a contiguous 4,235 square feet. Multiple tenancy options are available, including executive office suites and coworking spaces. Built in 1971 and renovated in 2019, the building features new elevators and a fully renovated HVAC system with electronic controls. Amenities include a common-area conference room and break area. The building boasts a convenient downtown location across from the Lubbock County Courthouse, one block from the US Federal Building, and less than two miles from Texas Tech University. Easy access is provided via I-27 and the Marsha Sharp Freeway. The 77,923 to 80,000 square foot lot includes 10 parking spaces. The property's APN is R108358. Floor plans are available for floors 2 and 4, offering month-to-month coworking memberships with no long-term contracts.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1979
Total area 300 SF
Lot 0.29 ac (12,550 SF)
Zoning code 38
APN R87164
UPID US82-4608916
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
Current use
Occupant on record · Public records
  • White Hall Land Services LLC Land Surveyor
  • Ultra-Nav Aviation Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Lubbock Rotary Club Charitable Organization Advocacy Group
  • Rocky Ramirez, Attorney at Law Law Firm
  • Lubbock National Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mccourt Place Lc · 14 yrs held
Mccourt Place Lc
since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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