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2424 50th St 42,444 SF 100% Leased Office Building Lubbock, TX 79412 For Sale
Executive Summary
Twenty Four Office Plaza is a value-add office building for sale, positioned at the lighted intersection of 50th Street and University Avenue—one of Lubbock’s busiest corners with over 40,000 vehicles passing daily. This three-story property offers excellent visibility, multiple access points, and ample parking. The site presents a strong opportunity for repositioning or redevelopment, with potential for a QSR or convenience store user.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
42,444 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
14,148 SF
Building FAR
0.81
Lot Size
1.21 AC
Zoning
AM
Parking
50 Spaces (1.18 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | R166210 | Improvements Assessment | $1,928,699 |
| Land Assessment | $264,520 | Total Assessment | $2,193,219 |
Property Taxes
Parcel Number
R166210
Land Assessment
$264,520
Improvements Assessment
$1,928,699
Total Assessment
$2,193,219
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2424 50th St
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