6631 Monticello Ave, Lubbock, TX 79424
For Sale
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This stunning new construction office building at 6631 Monticello Avenue in Lubbock, Texas, is now available for purchase. Built by Clearview Custom Homes, LLC, this free-standing property offers exceptional quality and design, ideal for a discerning professional. The building boasts 6+ spacious offices, or more depending on the desired layout, providing ample room for a growing business. High ceilings (10 feet throughout) create an airy and open feel, enhanced by the special ceilings in the conference room. The interior features high-end finishes, including luxury baseboards and trim, and rounded corners, showcasing meticulous attention to detail. The building's completion is anticipated by the end of April. While the asking price is $563,000, a lease option is also available at a rate of $23 NNN, with estimated additional costs of $5. This represents a unique opportunity to own or lease a truly exceptional office space in a prime Lubbock location. Further photos will be available as construction progresses. The property is situated on a 0-acre lot.
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
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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.