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Property profile & analytics

305 1St St Idalou, TX 79329

  • Lifestyle centers
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Redbox / Cinema / (Bike/Boat/Book/etc) Store
  • Western Union / Bank / Credit Union

Property Details for 305 1St St

Property type
Lifestyle centers
Property subtype
Power centers

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Idalou
County
Lubbock
State
Texas
Longitude
-101.684
Latitude
33.6666
More about this property
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