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    5039 52Nd St Lubbock, TX 79414

    For Sale
    $149,000

    8,616 SF Office/Retail, $149K

    Property size:
    8,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8,616 square foot property, located at 5039 52nd Street in Lubbock, Texas, presents a unique investment opportunity. Currently zoned GO (Garden Office), this versatile space is ideal for a variety of executive office or retail uses. The asking price is $149,000, translating to an attractive price per square foot of $18. The property boasts excellent visibility from Slide Road, a major thoroughfare ensuring high traffic and prominent exposure for your business. The address is 5039 52nd Street, Lubbock, TX 79414, with the APN listed as R122544. This prime location in Lubbock County offers significant potential for growth and profitability. The property's substantial size allows for ample space to accommodate various business needs, from individual offices to larger open-plan layouts. Its versatility makes it suitable for a wide range of businesses seeking a high-visibility location in a thriving area. The property's zoning designation further enhances its appeal and potential for diverse uses. Don't miss this chance to acquire a well-situated and spacious commercial property in a desirable Lubbock location.

    Property Features for 5039 52Nd St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,616 SF

    HighLights

    • 8,616 SF commercial property at 5039 52nd Street, Lubbock, TX 79414 (APN R122544).
    • GO zoning allows for versatile office or retail use.
    • High visibility from Slide Road ensures excellent traffic exposure.
    • $149,000 asking price ($18/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.922099
    Latitude
    33.546652

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    FAQs

    What type of property is this?
    Office Property / Space - 8,616 SF Office/Retail, $149K
    Where is this office property / space located?
    The property is located at 5039 52Nd St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 8,616 SF commercial property at 5039 52nd Street, Lubbock, TX 79414 (APN R122544).; GO zoning allows for versatile office or retail use.; High visibility from Slide Road ensures excellent traffic exposure.
    Request Owner's contact information
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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
    5039 52Nd St Lubbock, TX 79414
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