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Property profile

4501 Avenue Q Lubbock, TX 79412

OFF-MARKET
Retail properties & Spaces
35,001 SF
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Property summary

AI-generated overview

This exceptional 35,001-square-foot retail property, located at 4501 Avenue Q in Lubbock, Texas, presents a unique investment opportunity. Currently operating as an established auto dealership, this property boasts significant frontage on Avenue Q, extending from 45th to 46th Street. The building itself includes four smaller sales offices, four larger offices (one with a private bathroom), an employee break room/kitchen, and two additional bathrooms. Designed specifically for auto sales and buy-here, pay-here operations, this versatile space offers significant potential for various commercial uses. The expansive paved lot, totaling 35,001 square feet (0.80 acres), provides ample space for inventory and customer parking. The property is zoned Heavy Commercial (HC), ensuring flexibility for a wide range of businesses. 2023 property taxes were $8,313.98. This turnkey operation offers a rare chance to acquire an established business location with significant street visibility in a high-traffic area of Lubbock. The property's size, location, and existing infrastructure make it an ideal investment for savvy entrepreneurs seeking a well-established commercial space. The property is currently operational, and interested parties should schedule a viewing.

Property profile

Verified
Property type Retail properties & Spaces
Total area 35,001 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

4501 Avenue Q Lubbock, TX 79412
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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