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Property profile

6905 Alcove Ave Lubbock, TX 79407

FOR LEASE
Office Spaces
Property ID
US83-3265293
2,150 SF 0.5 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional Class A office property, situated in the burgeoning West Business Park of Wolfforth, Texas, presents a unique investment opportunity. Completed in 2024, this single-story building offers a total of 2,150 to 4,550 square feet of vacant, adaptable space, perfect for a variety of businesses. The property sits on a half-acre lot (0.5 acres) and enjoys convenient access to the Marsha Sharp Freeway, providing seamless connectivity to Lubbock and beyond. The building's design seamlessly blends into the surrounding new residential developments, creating a desirable and accessible location for employees and clients alike. The flexible layout allows for either separate occupancy of individual suites or a combined use of the entire space, catering to diverse business needs. This multi-tenant building represents a compelling chance to acquire a brand-new, high-quality office space in a rapidly growing area. The asking price is $1,137,500. Located at 6905 Alcove Ave, Wolfforth, TX 79382, in Lubbock County.

Property profile

Verified
Property type Office Spaces
Year built 2024
Total area 2,150 SF
Lot 0.5 ac (21,780 SF)
UPID US83-3265293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6905 Alcove Ave Lubbock, TX 79407
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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