7408 19th Street, Lubbock, TX 79407
COMMERCIAL - Lubbock, TX
Property Features for 7408 19th Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Located at 7408 19th Street in Lubbock, the property is on 19th Street just west of Upland Avenue, with access to Loop 289 and future Loop 88 described in the remarks. The frontage is approximately 100 square feet on highly trafficked 19th Street/Levelland Highway.
The seller also owns an additional parcel on 18th Street and is willing to negotiate its inclusion as part of the purchase.
Key Highlights
- HC zoning with automotive and vehicle‑related sales and service uses
- City utilities in place
- Approximately 100 square feet of frontage on 19th Street/Levelland Highway
Financial Insights For Specialty Retail
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 | $14.4k | $16.20 |
| − Vacancy | −$1.0k | −$1.13 |
| EGI | $13.4k | $15.07 |
| − OpEx | −$3.4k | −$3.77 |
| NOI | $10.1k | $11.30 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 79407, TX
Market
Vacancy Rate% for Retail in South region