Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lubbock Tx Lubbock, TX 79416
    Back to Search
    Property profile & analytics

    Lubbock Tx Lubbock, TX 79416

    View on Map
    • Retail properties & Spaces
    • 10,000 SF
    For Lease
    $20 SF/Yr
    View Listing →
    Prime Lubbock Retail Pad Sites For Lease
    $20 SF/Yr

    Prime Lubbock Retail Pad Sites

    Development-ready pads near United Supermarket

    0 Lubbock Tx, Lubbock, TX 79416
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Lubbock Tx

    Property size
    10,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional opportunity presents multiple retail pad sites totaling 71,020 square feet of land in Lubbock, Texas, within Lubbock County (zip code 79416). Located at a high-traffic intersection, this development-ready property offers significant potential for businesses seeking prime retail space. The site boasts a strategic location anchored by a newly constructed United Supermarket, ensuring high visibility and foot traffic. One pad site is immediately available for ground lease, offering a flexible build-to-suit option. The existing retail center on the property comprises 10,000 square feet, further enhancing the area's commercial appeal. Individual pad sizes range from 25,017 to 71,020 square feet, providing options to accommodate various business needs and scales. This property is classified as retail land with multiple tenancy potential, making it an ideal investment for developers and entrepreneurs alike. The property's location in a thriving commercial area of Lubbock ensures strong potential for return on investment. Contact us today to learn more about this exciting opportunity to establish your business in a high-demand location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.957
    Latitude
    33.5923

    Comparable in this City

    • Value Estimation by Request

      801 Quaker Ave

      Individual retail properties
      801 Quaker Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      71,020 SF

      4 & Milwaukee Ave

      Individual retail properties • 71,020 SF
      0 4 & Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      6,000 SF

      2754-56 Milwaukee Ave

      Retail properties & Spaces • 6,000 SF
      2754-56 Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      42.34 Acres

      4501 Ursuline St

      Land • 42.34 Acres
      4501 Ursuline St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      27.42 Acres

      6204 4Th St

      Land • 27.42 Acres
      6204 4Th St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      4.35 Acres

      5000 Erskine St

      Land • 4.35 Acres
      5000 Erskine St, Lubbock, TX 79416
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      431.7 Acres Development Opportunity

      431.7 acres suitable for residential, commercial, or recreational development.
      6300 Shallowater Dr, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Development Site on Frankford Avenue

      11.41-acre lot with house, barn, and well.
      2109 N Frankford Ave, Lubbock, TX 79416
      View Details
    • $195,000
      5.78 Acres

      Lubbock Land Near Future Growth

      5.78 acres in Lubbock, TX, near future development.
      Lubbock, TX 79416
      View Details
    • $694,890
      7.09 Acres

      Lubbock Commercial Land - I-27 & Loop 289

      7.09 Acres, Prime Lubbock Location
      289 Swq I-27 & Loop, Lubbock, TX 79416
      View Details
    • Contact for pricing

      12.5 Acres Near Wolfforth

      Large land tract north of Wolfforth, outside Lubbock city limits.
      4th & Inler - 12.5 Ac, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Lubbock Land For Sale

      Land available for sale in Lubbock, Texas.
      2631 Iola Ave, Lubbock, TX 79416
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      10,000 SF

      Prime Lubbock Retail Pad Sites

      Development-ready pads near United Supermarket
      0 Lubbock Tx, Lubbock, TX 79416
      View Details
    • $10 SF/Yr
      19,553 SF

      Prime Lubbock Medical Office Space

      19,000 SF Single-Tenant Medical Office
      5402 4Th St, Lubbock, TX 79416
      View Details
    • $18 SF/Yr
      2,806 SF

      New Retail Space in Lubbock

      New retail space in high-traffic Lubbock shopping center.
      4525 Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Premier Retail Destination in Lubbock

      Retail space in high-traffic area with diverse tenant mix.
      417 Frankford Ave, Lubbock, TX 79416
      View Details
    • Contact for pricing

      West Loop 289 Retail Frontage

      Retail and office spaces available on West Loop 289.
      612 Acc Rd, Lubbock, TX 79416
      View Details
    • Contact for pricing

      New Shopping Center in Lubbock

      Newly constructed shopping center in high-traffic area available for lease.
      6006 4Th St, Lubbock, TX 79416
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lubbock Tx
    Lubbock, TX 79416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lubbock Tx, Lubbock, TX, 79416
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!