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Property profile & analytics
OFF-MARKET
Lifestyle centers

305 1St St Idalou, TX 79329

Property ID
Property summary
AI-generated overview

This 8,125 square foot retail building is situated on a one-acre lot in Idalou, Texas, a suburb of Lubbock located approximately 15 minutes northeast of the city center. The property boasts a prime location with a proven track record of strong retail sales, previously occupied by a Dollar General store that relocated to a new building nearby. This indicates significant retail potential in the area. The building offers flexibility for prospective tenants, with the option to lease the entire space or divide it into smaller units. The previous tenant's success demonstrates the viability of this location for a variety of retail businesses. The property presents a unique opportunity for investors or businesses seeking a well-positioned retail space in a growing community. Its convenient location near Lubbock ensures high visibility and accessibility to a substantial customer base. The one-acre lot provides ample space for parking and potential future expansion. This property is offered as a single-tenant retail space, ideal for a business seeking a strong foothold in a thriving market. The building's size and layout offer versatility, making it suitable for a range of retail concepts. The strong sales history of the previous tenant provides compelling evidence of the location's retail viability. This is a rare opportunity to acquire a well-established retail property in a desirable location.

Property profile
Verified
Property type Lifestyle centers
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
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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