Technical
Financial
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Property profile

1908 Avenue J Lubbock, TX 79411

OFF-MARKET
Retail properties & Spaces
3,050 SF 0.97 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 3,050-square-foot retail property, built in 2013 and renovated in 2015, is ideally situated in Lubbock, Texas, at 1908 Avenue J, 79411. Boasting a prime location with convenient access to I-27 and the Marsha Sharp Freeway, this auto shop and storefront sits on a nearly one-acre lot (0.97 acres) providing ample parking for up to 80 vehicles. The well-designed space includes a spacious showroom featuring five office spaces, three private offices, a comfortable waiting area, restrooms, and dedicated shop space. The property benefits from upgraded technology features throughout. Fixtures, furniture, and equipment (FF&E) are negotiable depending on the terms of the offer. The asking price for this turnkey operation is $1,200,000, translating to $393.44 per square foot. This represents a significant opportunity for an investor seeking a high-traffic, well-equipped commercial property in a thriving Lubbock market. The property's size and location make it suitable for a variety of automotive-related businesses or other retail ventures.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2013
Total area 3,050 SF
Lot 0.97 ac (42,253 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

1908 Avenue J Lubbock, TX 79411
Lubbock metro
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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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