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    4302 Avenue Q Lubbock, TX 79412

    For Sale
    $400,000

    High-volume, profitable liquor store.

    Property size:
    950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a thriving liquor store located at 4302 Avenue Q, Lubbock, TX 79412. The property boasts 950 square feet of retail space situated on a 7,935 square foot lot, zoned HC (Heavy Commercial). Built in 1972, this single-story building is currently 100% occupied and generates substantial revenue. The asking price is $400,000, with annual gross sales exceeding $680,000 and an additional $40,000 in annual gross lottery sales. The property enjoys a strong net operating income (NOI) of $130,000 annually and annual property taxes of $1,050. This turnkey operation offers significant potential for continued growth and profitability. Inventory and equipment are available for separate purchase. Note that three additional businesses are available for purchase, but not included in this real estate offering. The property's APN is R49546. This is a rare chance to acquire a well-established, high-performing business in a prime Lubbock location.

    Property Features for 4302 Avenue Q

    General Information

    Property type
    Individual retail properties
    Square Feet
    950 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $400,000 asking price for a 950 sq ft storefront.
    • 100% occupancy rate in a single‑unit building.
    • Located on a 7,935 sq ft lot at 4302 Avenue Q, Lubbock, TX 79412 (APN: R49546).
    • Built in 1972, the property is zoned HC (Heavy Commercial).
    • Annual Net Operating Income (NOI) of $130,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brewski Stop Liquor Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.85533284075
    Latitude
    33.554878522372

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    FAQs

    What type of property is this?
    Individual retail property - High-volume, profitable liquor store.
    Where is this individual retail property located?
    The property is located at 4302 Avenue Q Lubbock, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price for a 950 sq ft storefront.; 100% occupancy rate in a single-unit building.; Located on a 7,935 sq ft lot at 4302 Avenue Q, Lubbock, TX 79412 (APN: R49546).
    Request Owner's contact information
    4302 Avenue Q Lubbock, TX 79412
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    Lubbock, TX 79412
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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
    4302 Avenue Q Lubbock, TX 79412
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