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    5929 50Th St Lubbock, TX 79424

    Sponsored
    For Lease
    $138 SF/Yr

    4,684 SF Office/Warehouse, 20 Parking Spaces

    Lot size:
    4,684 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, totaling 4,684 square feet, seamlessly blends office and warehouse space. Built in 1977 and renovated in 2004, the single-story building sits on a 21,466 square foot lot and boasts a convenient single-tenant occupancy. The office area features a reception area and five individual offices, ideal for a variety of businesses. The warehouse component includes two 10' x 10' overhead doors, facilitating efficient loading and unloading. Adding to its functionality is a secure, fenced stackyard, perfect for storage or equipment. The property offers ample parking with 20 spaces available. Its prime location on 50th St provides excellent access to the Marsha Sharp Freeway and West Loop 289, ensuring easy commutes throughout Lubbock and the surrounding areas. The property is zoned commercial and is available for lease beginning February 15, 2025. This property is perfect for service providers, contractors, wholesalers, or any business requiring both office and warehouse space with secure outdoor storage.

    Property Features for 5929 50Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,684 SF
    Class
    A
    Total Rate
    53959.68

    Building Details

    Year Built/Renovated
    1977/2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,684 SF
    Rate per SF
    $138

    HighLights

    • Prime Marsha Sharp Freeway location; commercial office building with warehouse and fenced yard.
    • Excellent Marsha Sharp Freeway access.
    • 4,684 SF building with sizable warehouse featuring two 10' x 10' overhead doors.
    • Secure, fenced stackyard included.
    • Ideal for businesses requiring office and warehouse space; suitable for service providers, contractors, or wholesalers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rowe Heating & Air ... Air Conditioning Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.94440507892
    Latitude
    33.549160781301

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    FAQs

    What type of property is this?
    Distribution property - 4,684 SF Office/Warehouse, 20 Parking Spaces
    Where is this distribution property located?
    The property is located at 5929 50Th St Lubbock, TX.
    What is the lease rate?
    The lease rate is $138 SF/Yr.
    What are key features of this property?
    This property features: Prime Marsha Sharp Freeway location; commercial office building with warehouse and fenced yard.; Excellent Marsha Sharp Freeway access.; 4,684 SF building with sizable warehouse featuring two 10' x 10' overhead doors.
    Request Owner's contact information
    5929 50Th St Lubbock, TX 79424
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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
    5929 50Th St Lubbock, TX 79424
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