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    5607 50Th St Lubbock, TX 79414

    Sponsored
    For Sale
    $237,355

    Prime Lubbock commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,835 square foot commercial land parcel, located in Lubbock, Texas at 5607 50th St, zip code 79414, is offered for sale by owner at $237,355. The property is part of the Dominion Office Park and is zoned GO, allowing for a variety of commercial developments. The land is platted for up to six garden office buildings, with a maximum building size of 4,400 square feet each. Currently, one lot is sold and occupied. This presents a unique opportunity for investors or developers seeking a prime location in a thriving Lubbock business park. The land value is estimated between $16 and $18 per square foot. The property's APN is R351376. This is a fantastic chance to acquire a ready-to-build lot in a well-established office park, offering significant potential for immediate development and strong return on investment. The property is situated in Lubbock County, Texas, providing easy access to major transportation routes and amenities. Serious inquiries only.

    Property Features for 5607 50Th St

    General Information

    Property type
    Land

    HighLights

    • 14,835 SF commercial land parcel in Lubbock, TX (79414) for sale at $237,355.
    • Located in Dominion Office Park, zoned GO, allowing various commercial developments.
    • Platted for up to six garden office buildings (max 4,400 SF each); one lot already sold.
    • Land value estimated at $16-$18/SF; APN R351376.
    • Prime location with easy access to transportation and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9338038
    Latitude
    33.5481852

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    FAQs

    What type of property is this?
    Land - Prime Lubbock commercial lot, ready to build.
    Where is this land located?
    The property is located at 5607 50Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $237,355.
    What are key features of this property?
    This property features: 14,835 SF commercial land parcel in Lubbock, TX (79414) for sale at $237,355.; Located in Dominion Office Park, zoned GO, allowing various commercial developments.; Platted for up to six garden office buildings (max 4,400 SF each); one lot already sold.
    (806) 239-5903
    Request Owner's contact information
    5607 50Th St Lubbock, TX 79414
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    Lubbock, TX 79414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5607 50Th St Lubbock, TX 79414
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