Retail Building with LED
For Sale
Contact for pricing
8116 19TH ST, Lubbock, TX 79407
Includes a 4,000 SF retail building with updated LED lighting, 3-phase power, and recent HVAC replacements.
Property Size4,000 SF
Lot Size13.00 Acres
Price / SF$106.25
Days on Market160
Property Features for 8116 19TH ST
General Information
Standard status
Active
Size
4,000 SF
Lot size
13.00 Acres
Property subtype
Retail
Site & Location
Traffic Count
15,000 vehicles/day
Road Access
Yes
Additional Details
Heavy Power
Yes
Building Details
Year Built
1985
Units
1
Listing Agency:
Aycock Realty Group
Listed By:
Brian Aycock · License #502484
(806) 778-5956
Source:
Crexi
Added: May 1
Changed: Oct 1
Last Checked: Oct 7 at 8:42AM
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 Aycock Realty Group
Investment Insights
Based on property information with market context.
For sale: a retail building on a 13-acre tract with a 4,000-square-foot structure that has updated LED lighting throughout the retail portion. The site includes a 3-phase electrical system, plus a well and septic system. Both HVAC units were replaced within the last four years.
The property is located on West 19th Street between Alcove Avenue and FM 179, and the public remarks report a traffic count over 15K VDP, supporting strong day-to-day visibility.
Offered at $700,000, this configuration can be suitable for businesses seeking an existing retail building with updated lighting and newer HVAC equipment on a larger acreage parcel.
The property is located on West 19th Street between Alcove Avenue and FM 179, and the public remarks report a traffic count over 15K VDP, supporting strong day-to-day visibility.
Offered at $700,000, this configuration can be suitable for businesses seeking an existing retail building with updated lighting and newer HVAC equipment on a larger acreage parcel.
Key Highlights
- 4,000 SF retail building on 13 acres (year built 1985)
- Updated LED lighting throughout the retail portion
- 3‑phase electrical system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,640
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,800
$772.8K
Cap Rate 7%
$552,000
$552.0K
Cap Rate 9%
$429,333
$429.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$60.0K $15.00/SF
− Vacancy
−$4.8K −$1.20/SF
EGI
$55.2K $13.80/SF
− OpEx
−$16.6K −$4.14/SF
NOI
$38.6K $9.66/SF
Area
Lubbock, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,800
Cap Rate 7%
$552,000
Cap Rate 9%
$429,333
Alternative Uses
Best Use
Retail
$552.0K
$483.0K – $644.0K
NOI $38,640 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$882.4K – $1.18M
NOI $70,589 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
15,000 VPD
Traffic count
Yes
Heavy power
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Includes a 4,000 SF retail building with updated LED lighting, 3-phase power, and recent HVAC replacements.
Where is this retail space located?
The property is located at 8116 19TH ST Lubbock, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,000 SF retail building on 13 acres (year built 1985); Updated LED lighting throughout the retail portion; 3‑phase electrical system
