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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4302 Avenue Q Lubbock, TX 79412

950 SF Built 1972
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving liquor store located at 4302 Avenue Q, Lubbock, TX 79412. The property boasts 950 square feet of retail space situated on a 7,935 square foot lot, zoned HC (Heavy Commercial). Built in 1972, this single-story building is currently 100% occupied and generates substantial revenue. The asking price is $400,000, with annual gross sales exceeding $680,000 and an additional $40,000 in annual gross lottery sales. The property enjoys a strong net operating income (NOI) of $130,000 annually and annual property taxes of $1,050. This turnkey operation offers significant potential for continued growth and profitability. Inventory and equipment are available for separate purchase. Note that three additional businesses are available for purchase, but not included in this real estate offering. The property's APN is R49546. This is a rare chance to acquire a well-established, high-performing business in a prime Lubbock location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 950 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brewski Stop (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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