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    4119 Marsha Sharp Fwy Lubbock, TX 79407

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    For Sale
    $550,000

    Retail space with high visibility and accessibility in Lubbock, TX.

    Property size:
    3,621 SF
    Lot size:
    0.47 Acres

    Property Features for 4119 Marsha Sharp Fwy

    General Information

    Size
    3,621 SF
    Lot size
    0.47 Acres

    Source: McDougal, REALTORS Agent Carrigan Williams

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

    Overview

    Retail Space on Marsha Sharp

    This 3,621 SF retail space is positioned along Marsha Sharp Freeway, offering visibility and accessibility in Lubbock. The property is located minutes from UMC and Covenant Medical Centers, providing traffic from medical professionals, patients, and visitors. It is also near Texas Tech University, placing it in proximity to a student, faculty, and game-day market. With frontage, traffic counts, and proximity to employment and educational hubs, this location is suitable for retail, service, or specialty users looking to establish a presence in central Lubbock.
    Insight Report Location Intelligence

    Current Use by Public Records

    Otto's Granary Gift Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9027218
    Latitude
    33.5757837

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and accessibility in Lubbock, TX.
    Where is this retail space located?
    The property is located at 4119 Marsha Sharp Fwy Lubbock, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Exceptional visibility and accessibility on highly traveled Marsha Sharp Freeway.; - High traffic counts due to proximity to UMC and Covenant Medical Centers.; - Located near Texas Tech University, providing access to student, faculty, and game-day markets.
    (806) 215-7023
    Request Owner's contact information
    4119 Marsha Sharp Fwy Lubbock, TX 79407
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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
    4119 Marsha Sharp Fwy Lubbock, TX 79407
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