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Mixed-Use Property with Parking Lot
New
For Sale
$699,000

5217 50th Street, Lubbock, TX 79414

Commercial Sale, Lubbock, TX

Property Size7,240 SF
Lot Size0.56 Acres
Price / SF$96.55
Days on Market2

Property Features for 5217 50th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Alley, Oversize, Parking Lot
Lot features Landscaped, Paved
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 3
Standard status Active
APN R25618
Size 7,240 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description Long Buster W100'of L 116
Tax Annual Amount 8405
Legal Description Long Buster W100'of L 116

Utilities

Heating system Central
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 1973
Floors in Building 1
Listing Agency: Reside Real Estate Co.
Listed By: Casey Klingensmith · License #0633729
Added: Oct 2 Last Checked: Oct 3 at 4:06AM
MLS# 202613587

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.

The 7,240-square-foot mixed-use building, constructed in 1973, contains a flower shop of approximately 1,100 square feet under a triple-net lease and a salon of approximately 4,140 square feet with booth-rental income. About 2,000 square feet is vacant and available for occupancy. Central heating and cooling serve the building, with ceiling fans also noted.

The property includes a separate 0.5-acre commercial parcel currently used for parking. Parking features include an alley and an oversized parking lot.

Key Highlights

  • 7,240‑square‑foot building constructed in 1973
  • Approximately 2,000 square feet of vacant space
  • Flower shop occupies approximately 1,100 SF under a triple‑net lease

Property Analytics

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Current Use

Untayngled salon Hair Salon Beverly Birdsell Hair Salon Town South Floral (Bike/Boat/Book/etc) Store All Lips & Tips Hair Salon

Suggested Use

Top Pick Law Firm Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby
33k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant commercial suite and two income-producing businesses occupy the building, with a separate parcel used for parking.
Where is this mixed-use property located?
The property is located at 5217 50th Street 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‑square‑foot building constructed in 1973; Approximately 2,000 square feet of vacant space; Flower shop occupies approximately 1,100 SF under a triple‑net lease
More about this property
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