1001 Texas Ave

Office for Sale
Catylist Listing ID: 30721458
Property Subtypes: Office Building
Building Size (RSF): 27,147 SF
Gross Building Area: See Agent
Gross Land Area: 30,625 SF
Sale Price: $2,750,000
Unit Price: $101.30 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2021

Overview / Comments

2-story office building with basement available for sale in the heart of downtown Lubbock. Sale includes ample land for parking in two separate parking lots. The sellers have carefully updated most systems after their purchase to make sure all HVAC, electrical, mechanical and roofing are in great condition. Could be used by single owner/user or an investor could lease out each floor or suites within each floor. The property has parking in a lot to the North of the property. The seller also has parking across the street in the former Bank of America teller drive thrus.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R105731
Zoning: CB-2
Site Description: Property is located in the heart of downtown Lubbock, just one block north of the Lubbock County Courthouse with private parking lots included.
Year Renovated: 2016

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,313 76,774 166,644
Median Age: 30.22 29.28 31.65
Households: 2,376 26,823 63,030


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