1212 13Th StLubbock, TX 79401

Property Details for 1212 13Th St

Year built

1930

Lot size

0.37 AC

Property size (Sq ft)

21,080 SF

Zone code

38

Property type

Office buildings

APN

R109815

APU

R109815

Description

This well-maintained, three-story office building offers 20,000 square feet of versatile office space in Lubbock's thriving central business district. Six suites are currently available, ranging in size from 670 to 7,123 square feet, with a minimum divisible space of 1,116 square feet. The building boasts a convenient location, offering close proximity to both the county and federal courthouses, as well as Texas Tech University, making it an ideal location for businesses seeking accessibility and visibility. Full-service leases are available, encompassing utilities and custodial services, providing tenants with a hassle-free experience. A tenant improvement allowance is negotiable, allowing for customization to suit individual business needs. While on-site parking is limited, ample additional parking is conveniently located approximately one block away. This property presents a unique opportunity to establish a presence in a rapidly redeveloping area with strong potential for growth and increased property value. The building's traditional office layout provides a professional and functional workspace, suitable for a variety of businesses. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this dynamic location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,127,405

  6.5%

  $2,886,836

  7%

  $2,680,633

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,880,678

  Geo Method

  $2,536,346

• Alternative Use

  Use

  Valuation

  Residential

  $3,579,676

  Hospitality

  $3,278,964

  Educational

  $2,728,060

  Medical

  $2,821,882

  Retail

  $4,243,648

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5839

Longitude

-101.849

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].