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    2167 50Th St Lubbock, TX 79412

    For Sale
    $199,000

    Redevelopment opportunity near Texas Tech and retail/dining.

    Property size:
    3,059 SF
    Lot size:
    0.26 Acres

    Property Features for 2167 50Th St

    General Information

    Size
    3,059 SF
    Lot size
    0.26 Acres

    Source: Keller Williams Commercial Lubbock Agent Jeremy Steen

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

    Overview

    High-Visibility Corner Redevelopment Opportunity

    Located at the corner of 50th Street and Avenue W, this property offers a redevelopment opportunity. The sale includes the adjacent property at 2163 50th Street. Previously a gas station and then a restaurant, the property at 2167 50th Street presents possibilities for redevelopment. Situated near Texas Tech University and surrounded by retail and dining options, the location is suitable for a new restaurant or commercial venture. Positioned just east of a multi-family development, this property represents an investment opportunity in a growing area. The property size is 3059 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Texas Burrito Mexican Restaurant

    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
    -101.86533
    Latitude
    33.548288

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    FAQs

    What type of property is this?
    Gas station - Redevelopment opportunity near Texas Tech and retail/dining.
    Where is this gas station located?
    The property is located at 2167 50Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity at a high-visibility corner location (50th Street and Avenue W).; - Includes adjacent property at 2163 50th Street as part of the sale.; - Ideal location for a new restaurant or commercial venture.
    (806) 392-0578
    Request Owner's contact information
    2167 50Th St Lubbock, TX 79412
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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
    2167 50Th St Lubbock, TX 79412
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