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    5819 4Th St Lubbock, TX 79416

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    For Sale
    $795,000

    6,753 SF retail property with new roof and HVAC.

    Property size:
    6,753 SF
    Lot size:
    0.93 Acres

    Property Features for 5819 4Th St

    General Information

    Size
    6,753 SF
    Lot size
    0.93 Acres

    Source: Coldwell Banker Commercial Capital Advisors Agent Jordan Wood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Retail Space Investment Opportunity

    Located in Lubbock, Texas, the property at 5819 4th Street offers an investment opportunity. The 6,753 square foot property features a new roof installed in 2019 and HVAC installed in 2024. The building offers a versatile open floor plan and includes two restrooms. Situated on a 0.92-acre lot west of Frankford Avenue, the building has visibility on a key east/west thoroughfare leading to Texas Tech University. The surrounding area is experiencing rapid expansion and is home to major national retailers such as Walmart, Starbucks, and Chick-Fil-A. The tenant is scheduled to vacate in Feb/Mar 2025, presenting an opportunity to lease the space at current market rates. The property is located within Frenship ISD, one of Lubbock's fastest-growing school districts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advance Auto Parts Auto Parts Store UPS Access Point ... Shipping And Mailing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.94169
    Latitude
    33.59186

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    FAQs

    What type of property is this?
    Retail space - 6,753 SF retail property with new roof and HVAC.
    Where is this retail space located?
    The property is located at 5819 4Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Reduced Price: Significant price reduction to $795,000 from $1,150,000.; - Prime Location: Situated in a thriving retail corridor with high visibility on a major thoroughfare near Texas Tech University.; - New HVAC: Recently updated HVAC system (2024).
    (806) 317-4666
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    5819 4Th St Lubbock, TX 79416
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    Lubbock, TX 79416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5819 4Th St Lubbock, TX 79416
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