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    2808 50Th St Lubbock, TX 79413

    For Sale
    Contact for pricing

    0.69-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.69-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Strategically located on the corner of 50th Street and Detroit Avenue, this vacant land boasts unparalleled visibility and accessibility. With a daily traffic count of 23,002 vehicles, the property offers significant frontage and exposure for any commercial venture. Its prime location directly across from the Caprock Shopping Center, home to major national retailers, ensures high foot traffic and brand recognition. The land is available for sale or ground lease, providing flexibility for a variety of development options. The property's address is 2808 50th Street, Lubbock, TX 79413, within Lubbock County. This location in Lubbock, Texas offers a strong potential for return on investment due to its high traffic volume and proximity to established retail businesses. The site's size and location make it ideal for a wide range of commercial uses, from retail establishments to restaurants and other businesses seeking high visibility. The opportunity to capitalize on the existing high traffic count and proximity to a successful shopping center makes this a compelling investment prospect. Consider the potential for significant growth and development in this thriving area of Lubbock.

    Property Features for 2808 50Th St

    General Information

    Property type
    Land

    HighLights

    • 0.69‑acre commercial land parcel located at 2808 50th St, Lubbock, TX 79413.
    • Excellent visibility and frontage on a high‑traffic corner (50th Street & Detroit Avenue), with 23,002 vehicles passing daily.
    • Located across from Caprock Shopping Center, anchored by major national retailers.
    • Suitable for ground lease or sale; adaptable to various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Extreme Auto Glass Auto Glass Shop

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Kitchen & Bath HVAC Service Storage Facility Car Rental Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.877666
    Latitude
    33.5492891

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    FAQs

    What type of property is this?
    Land - 0.69-acre lot, prime commercial location.
    Where is this land located?
    The property is located at 2808 50Th St Lubbock, TX.
    What are key features of this property?
    This property features: 0.69-acre commercial land parcel located at 2808 50th St, Lubbock, TX 79413.; Excellent visibility and frontage on a high-traffic corner (50th Street & Detroit Avenue), with 23,002 vehicles passing daily.; Located across from Caprock Shopping Center, anchored by major national retailers.
    (806) 722-1200
    Request Owner's contact information
    2808 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
    2808 50Th St Lubbock, TX 79413
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