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    3520 50Th St Lubbock, TX 79413

    For Sale
    $600,000

    4,500 SF Storefront/Manufacturing in Lubbock, TX

    Property size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4,500 square foot property, located at 3520 50th Street in Lubbock, Texas, presents a unique investment opportunity. Zoned for both retail and industrial use, this versatile space offers significant potential for a variety of businesses. The building itself boasts 4,500 square feet of usable space, ideally suited for a storefront operation with additional manufacturing or storage capabilities. Situated on a substantial 22,500 square foot lot, the property provides ample room for expansion or outdoor activities related to the business. The location is a key advantage, positioned on a high-traffic road strategically between Northwest and Southwest Lubbock, ensuring excellent visibility and accessibility for customers and employees. Previously occupied by American Cleaners, this property is offered at an asking price of $600,000. The property's dual zoning and prime location make it an attractive prospect for entrepreneurs seeking a blend of retail presence and industrial functionality. The substantial lot size offers flexibility for future development or expansion, adding further value to this compelling investment opportunity in the thriving Lubbock market. The property's zip code is 79413, and it's located in Lubbock County.

    Property Features for 3520 50Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,500 SF

    HighLights

    • 4,500 SF building on a 22,500 SF lot in Lubbock, TX.
    • $600,000 asking price.
    • Zoned for retail and industrial use.
    • Previously occupied by American Cleaners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Cleaners & Laundry Dry Cleaner Lubbock Nutrition Health Food Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -101.8916743
    Latitude
    33.5492346

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    FAQs

    What type of property is this?
    Individual retail property - 4,500 SF Storefront/Manufacturing in Lubbock, TX
    Where is this individual retail property located?
    The property is located at 3520 50Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 4,500 SF building on a 22,500 SF lot in Lubbock, TX.; $600,000 asking price.; Zoned for retail and industrial use.
    Request Owner's contact information
    3520 50Th St Lubbock, TX 79413
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    Lubbock, TX 79413
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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
    3520 50Th St Lubbock, TX 79413
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