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    1102 Broadway St Lubbock, TX 79401

    Sponsored
    For Sale
    $850,000

    Iconic 5-story retail building, prime location.

    Property size:
    31,334 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31,334 square foot storefront, located at 1102 Broadway St in Lubbock, Texas, presents a unique investment opportunity. Built in 1952, this iconic five-story building sits on a 6,250 square foot lot (APN R108189) and offers significant potential for a variety of retail uses. The property's prime downtown location in Lubbock County, Texas (zip code 79401) ensures high visibility and accessibility. With its substantial square footage and multiple floors, this building is ideal for a large-scale retail operation or could be subdivided to accommodate multiple tenants. The asking price is $850,000. The building's age presents an opportunity for renovation and modernization to enhance its appeal and functionality, aligning with current market demands. This is a rare chance to acquire a landmark property in a thriving Texas city. Detailed information is available upon request. Serious inquiries only.

    Property Features for 1102 Broadway St

    General Information

    Property type
    Individual retail properties
    Square Feet
    31,334 SF

    Building Details

    Year Built
    1952
    Buildings
    1
    Stories
    5

    HighLights

    • 31,334 SF storefront at 1102 Broadway St, Lubbock, TX.
    • Located on a 6,250 SF lot (APN R108189) in downtown Lubbock County (79401).
    • Five‑story building built in 1952, offering high visibility and accessibility.
    • Suitable for large‑scale retail or multi‑tenant subdivision.
    • Asking price: $850,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8469959
    Latitude
    33.5848455

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    FAQs

    What type of property is this?
    Individual retail property - Iconic 5-story retail building, prime location.
    Where is this individual retail property located?
    The property is located at 1102 Broadway St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 31,334 SF storefront at 1102 Broadway St, Lubbock, TX.; Located on a 6,250 SF lot (APN R108189) in downtown Lubbock County (79401).; Five-story building built in 1952, offering high visibility and accessibility.
    Request Owner's contact information
    1102 Broadway St Lubbock, TX 79401
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    Lubbock, TX 79401
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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
    1102 Broadway St Lubbock, TX 79401
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