Fenced Auto Garage with
2555 34th Street Lubbock, TX 79410
New
2555 34th Street, Lubbock, TX, 79410
$200,000
For Sale
$200,000
COMMERCIAL - Lubbock, TX
Property Size1,450 SF
Lot Size0.39 Acres
Price / SF$137.93
Days on Market2
Property Features for 2555 34th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Security features
- Security System
- Fencing
- Fenced, Gate, Perimeter
- Standard status
- Active
- APN
- R66563
- Size
- 1,450 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- Kinser Blk 1 L 9 & 10
- Tax Annual Amount
- 1248
Building Details
- Year built
- 1955
Listing Agency
Steadfast Realty, LLC
(806) 451-4767
2809 74th St., Unit B, Lubbock, TX
Listed by
Jim Archer · License #0693553
(806) 786-4407
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# 202609890
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property was previously used as a car lot and includes two garage bays along with a lobby and office space. The site is entirely fenced, including a perimeter fence and a high-security metal fence with barbed wire at the rear, with a fenced stack yard for vehicle inventory, repair work, or fleet storage.
The property is located at 2555 34th Street in Lubbock, TX (79410). The fenced layout is designed to create controlled access and add a security layer around the lot.
With garage bay capacity paired with ample on-site fenced yard space, the configuration supports service-oriented uses that require both work bays and outdoor storage for vehicles.
The property is located at 2555 34th Street in Lubbock, TX (79410). The fenced layout is designed to create controlled access and add a security layer around the lot.
With garage bay capacity paired with ample on-site fenced yard space, the configuration supports service-oriented uses that require both work bays and outdoor storage for vehicles.
Key Highlights
- Previous car lot with 2 garage bays plus lobby and office space
- Entirely fenced property with gate and perimeter fencing
- Back of the lot has a high‑security metal fence with barbed wire
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $17.40 |
| − Vacancy | −$1.9k | −$1.31 |
| EGI | $23.3k | $16.10 |
| − OpEx | −$7.0k | −$4.83 |
| NOI | $16.3k | $11.27 |
1,450 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$233.4K
$204.2K – $272.3K
NOI $16,336 @ 7.0% cap · market cap 8.17%
Second Best
Retail
$200.1K
$175.1K – $233.5K
NOI $14,007 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$365.5K
$319.9K – $426.5K
NOI $25,588 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Yes Indeed Car ...
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Gary's Service Center — 2710 34th St, Lubbock, TX 79410
- Scott's Complete Car Care — 2506 34th St, Lubbock, TX 79410
- Respect Auto Lubbock: cheap car mechanic +24 yrs exp! — 2603 34th St, Lubbock, TX 79413
- Andaverde heavy diesel and hydraulics — 4008 avenue u, lubbock, tx 79404
- 5StarCollision — 2212 38th st, lubbock, tx 79412
FAQs
What type of property is this?
Auto shop - Former car lot includes two garage bays, lobby, office space, and a fully fenced stack yard for vehicle storage.
Where is this auto shop located?
The property is located at 2555 34th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Previous car lot with 2 garage bays plus lobby and office space; Entirely fenced property with gate and perimeter fencing; Back of the lot has a high‑security metal fence with barbed wire
