
Improved Commercial Land for Sale in Lubbock, Texas
5241 98th St, Lubbock, TX 79424
Southwest Lubbock Executive Office Investment offers the opportunity to acquire a stabilized Class A office asset in one of Lubbock's most dynamic commercial growth corridors. Completed in 2016, the 15,436-square-foot building is fully leased through December 2030 to a well-established professional services tenant under a favorable modified gross lease structure. The property combines predictable income, exceptional physical quality, strong visibility, and an efficient headquarters-style layout. A separately leased 1,343-square-foot office suite provides additional revenue and future flexibility. The property was purpose-built as a corporate headquarters and reflects institutional-quality design and construction. The efficient floor plan includes more than twenty private offices, four executive offices, a dramatic reception lobby, executive conference room, large training facility, open collaborative workspace, kitchen and break areas, enclosed courtyard, and a separately accessed office suite. The building has been meticulously maintained and presents exceptionally well for continued use as a headquarters facility or long-term investment asset. The property is positioned on 98th Street within Southwest Lubbock, one of the city's fastest-growing commercial districts. Nearby development includes regional medical facilities, banks, restaurants, retail centers, hospitality, professional offices, a golf course, and thousands of surrounding residential rooftops. Traffic counts of approximately 13,000-16,000 vehicles per day on 98th Street, combined with more than 41,000 vehicles per day near the Milwaukee Avenue corridor, provide outstanding visibility and accessibility.
Location
- Street address
- 5241 98th St
- County
- Lubbock County
- Zip code
- 79424
- Elevation
- 3,240 feet
Property details
- Acreage
- 1.95 acres84,942 sq ft
- MLS #
- LAOR 202610137
- Posted
Property taxes
- Recent
- $69,320 - S & T Ins Tr A
Parcels
- R325807
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Office
Lot
- Features
- Landscaped
Exterior
- Parking Spaces
- 78
- Parking
- Parking Lot
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 22, 2026 | New listing | $3,900,000 | — | LAOR |














































































