Mixed-Use Property with
New
For Sale
$699,000
5217 50th St, Lubbock, TX 79414
Two businesses operate in the building, alongside vacant space available for an owner’s business or a new tenant.
Property Size7,240 SF
Price / SF$96.55
Days on Market6
Property Features for 5217 50th St
General Information
Standard status
Active
Size
7,240 SF
Taxes and HOA fees
Annual Taxes
$8,405
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Reside Real Estate Co.
(806) 646-6423
Listed By:
Casey Klingensmith · License #0633729
(940) 328-3123
Source:
Exprealty
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 2:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reside Real Estate Co.
Investment Insights
Based on property information with market context.
The 7,240 SF building combines a flower shop, a salon, and approximately 2,000 SF of vacant space. The flower shop occupies approximately 1,100 SF under a triple-net lease; the salon uses approximately 4,140 SF and generates booth-rental income. The unoccupied area can accommodate an owner’s business or another tenant. The vacant space previously leased for $1,840 per month, plus utilities and a 25% share of property tax.
The sale also includes a separate 0.5-acre commercial parcel currently used for parking. The property is located at 5217 50th St in Lubbock, Texas.
The sale also includes a separate 0.5-acre commercial parcel currently used for parking. The property is located at 5217 50th St in Lubbock, Texas.
Key Highlights
- 7,240 SF mixed‑use building
- Approximately 2,000 SF vacant for an owner’s business or tenant
- Flower shop occupies approximately 1,100 SF under a triple‑net lease
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Apparel 16%
SONIC Drive In
Dining
19,518 visits/mo
0.1 miles
Denny's
Dining
8,548 visits/mo
0.2 miles
Once Upon A Child
Apparel
5,300 visits/mo
0.4 miles
Demographics for 79414, TX
17,537
Population
9,219
Households
1.9
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,480
Density / Sq Mi
$49,637
Median Household Income
$32,127
Median Earnings
$1,100
Median Rent
$150,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two businesses operate in the building, alongside vacant space available for an owner’s business or a new tenant.
Where is this mixed-use property located?
The property is located at 5217 50th St Lubbock, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 7,240 SF mixed‑use building; Approximately 2,000 SF vacant for an owner’s business or tenant; Flower shop occupies approximately 1,100 SF under a triple‑net lease
