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Property summary
This exceptional Class A office building, located at 2405 114th St in Lubbock, Texas, presents a unique investment opportunity. The property boasts a total of 9,950 square feet, encompassing 6,750 square feet of meticulously renovated office space and 3,200 square feet of warehouse space. The modern office area features a blend of private offices, open workspaces, a spacious conference room, a well-equipped break room, restrooms, and substantial storage. A state-of-the-art HVAC system… ensures year-round comfort. The warehouse component is strategically designed with two 14-foot and one 12-foot overhead doors, facilitating efficient loading and unloading. High-speed fiber internet connectivity is a key feature. Situated on a 0.62-acre lot outside city limits, the property includes attractive landscaping and operates on a well and septic system. Built in 1984 and extensively renovated in 2020, this dual-building property is zoned for its current use and is offered at an asking price of $2,250,000 ($226.13 per square foot). The property is currently vacant, presenting immediate occupancy potential for a wide range of businesses. The property's location in Lubbock County, Texas, offers easy access to major transportation routes and amenities. This is a turnkey opportunity for an investor seeking a high-quality, well-maintained commercial property in a desirable location. The APN is R47017.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,000 SF
- Lot area
- 0.62 ac
- Year built
- 1984
- APN
- R47017
- Zoning
- 19
- Assessed value · 2024
- $306,080
- Annual tax · 2023
- $3,386
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $3,386
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lubbock market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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