1312 Texas Ave - Office FOR SALE


Lubbock, TX 79401- Downtown Lubbock
$1,100,000 USD
806-543-8568
1312 Texas Ave, Lubbock, TX for Sale
$1,100,000 USD
Office - FOR SALE
1/57
null | Request Cap Rate

1312 Texas Ave
Lubbock, TX 79401
Downtown Lubbock


OVERVIEW

**1312 Texas Ave, Lubbock, TX 79401 – Prime Downtown Office Building for Sale** **$1,100,000** (~$84.62 per square foot) Exceptional 13,000 SF two-story office building located on a prime block in the heart of downtown Lubbock, with convenient on-site parking and steps from the Lubbock County Courthouse. Positioned in one of Texas’s fastest-growing urban cores, this property benefits from strong visibility, accessibility, and significant long-term upside as downtown Lubbock continues its rapid transformation into a vibrant, booming destination. Just **0.2 miles** away, the new **Pickering Park**—a $12 million public green space currently under development—will soon feature open lawns, a multi-use stage, interactive zones, and year-round event programming, driving increased foot traffic and enhancing the area’s appeal. The building has undergone high-quality renovations throughout both floors, delivering modern, professional, and move-in-ready spaces with strong income characteristics. - **Ground floor**: Divided into two distinct office suites, offering flexible tenant configurations or multi-tenant potential - **Upper floor**: Extensively updated with premium finishes, multiple conference rooms, a full kitchen, and an efficient layout ideal for professional services or collaborative teams **Key Investment Highlights:** - Sale Price: **$1,100,000** (~$84.62/SF) - Total building size: 13,000 SF (two stories) - Fully renovated interiors on both levels - Immediate courthouse adjacency - Strong downtown growth momentum - Only 0.2 miles from emerging Pickering Park A rare opportunity to acquire a well-maintained, income-producing office asset in Lubbock’s evolving urban center. Contact for complete leasing details, financials, and showing instructions.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

R113381

ASK ABOUT THIS PROPERTY

Mark OatmanMcDougal Realtors Inc.More Info
806-543-8568

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Mark OatmanMcDougal Realtors Inc.More Info
806-543-8568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.