Individually Owned 
For Lease
1 / 10
Property summary
This exceptional South Lubbock commercial office building offers 12,311 square feet of versatile space, divisible into two suites: a 6,428 sq ft office suite and a 5,883 sq ft suite combining office and 2,600 sq ft of warehouse space. Located just south of the newly renovated Target and a block from University Avenue, this property boasts high visibility and accessibility. The building features a large conference room, 24 private offices, ample open work areas, two break rooms, and reception… areas. Built in 1995, this Class B property sits on a 0.77-acre lot (33,444 sq ft) and includes 30 parking spaces. The minimum divisible space is 3,265 sq ft, with the maximum contiguous space being the entire 12,311 sq ft. Property taxes are $1.78 per square foot. Zoned AC, this single-story building offers a compelling opportunity for businesses seeking a strategic location with ample space and flexibility in a thriving South Lubbock market. The property's proximity to dining establishments adds to its appeal for employees. This is a rare opportunity to acquire a well-maintained, highly functional commercial space in a desirable area.
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
- 12,311 SF
- Lot area
- 0.77 ac
- Year built
- 1979
- APN
- R77847
- Zoning
- 38
- Assessed value · 2024
- $905,089
- Annual tax · 2023
- $18,090
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $18,090
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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