Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    19Th St Lubbock, TX 79407
    Back to Search
    Property profile & analytics

    19Th St, Lubbock, TX 79407

    View on Map
    • Retail properties & Spaces
    • 4.23 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 19Th St

    Lot size
    4.23 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 1.39-acre parcel presents a prime opportunity for retail development in Lubbock, Texas. Strategically located at the intersection of West Loop 289 and 19th Street, this property boasts unparalleled visibility and accessibility. With a total of 4.23 acres available, this site benefits from significant daily traffic counts, with a combined 96,981 vehicles passing by daily. The property offers excellent frontage on both major thoroughfares, ensuring maximum exposure for any business. A large, pre-existing monument sign on West Loop 289 provides terrific signage opportunities for tenants. The site is zoned for commercial use and is suitable for a variety of retail developments. This property is available for purchase or ground lease, making it a flexible option for various investment strategies. The location offers easy access to major transportation routes, providing convenient access for customers and employees. This is a rare opportunity to acquire a highly visible and strategically located parcel in a thriving Lubbock market. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to secure a prime location in a high-growth area. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Hockley
    State
    Texas
    Longitude
    -101.943
    Latitude
    33.5777

    Comparable in this City

    • Value Estimation by Request
      1.72 Acres

      9607 Tx-114

      Multifamily properties
      9607 Tx-114, Lubbock, TX 79407
      View Details
    • Value Estimation by Request
      1.39 Acres

      19Th St

      Land
      0 19Th St, Lubbock, TX 79407
      View Details
    • Value Estimation by Request
      0.50 Acres

      66 & Alcove Ave

      Land
      0 66 & Alcove Ave, Lubbock, TX 79407
      View Details
    • Value Estimation by Request
      2.00 Acres

      7446 19Th St

      Land
      7446 19Th St, Lubbock, TX 79407
      View Details
    • Value Estimation by Request
      3.11 Acres

      6920 19Th St

      Land
      6920 19Th St, Lubbock, TX 79407
      View Details
    • Value Estimation by Request
      6.99 Acres

      66Th St

      Land
      0 66Th St, Lubbock, TX 79407
      View Details

    Similar Nearby for Sale

    • $1,149,975

      Prime Land on Milwaukee Avenue

      Over an acre available for sale or build-to-suit.
      4515 Milwaukee Ave, Lubbock, TX 79407
      View Details
    • $940,896
      1.80 Acres

      1.8 Acres Wausau/Marsha Sharp Fwy

      Prime Lubbock residential land, 1.8 acres.
      7447 Marsha Sharp Fwy, Lubbock, TX 79407
      View Details
    • $344,000
      20.00 Acres

      20 Acres Near Lubbock, TX

      20 acres of land suitable for investors or developers.
      10325 County Road 6700, Lubbock, TX 79407
      View Details
    • $39,900
      2.50 Acres

      Land For Sale in Lubbock

      2.5 acre lot west of Lubbock with minimal restrictions.
      Quail Rd, Lubbock, TX 79407
      View Details
    • $265,000
      33.00 Acres

      Expansive Acreage in Lubbock, TX

      33 acres of land perfect for country living.
      1734 S Fm 168, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Lubbock Land For Sale

      Land available for sale in Lubbock, Texas.
      2631 Iola Ave, Lubbock, TX 79407
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Corner Parcel for Lease

      1.39 acre parcel with high visibility and frontage.
      W 19Th St, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Versatile Property for Animal Resort

      Adaptable property suitable for animal resort or heavy retail.
      6719 19Th St, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Retail/Restaurant Space for Lease

      Retail and restaurant spaces available for lease.
      413 University Ave, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Esplanade Shopping Center Retail Space

      Retail space in a high-visibility shopping center on Milwaukee Avenue.
      4525 Milwaukee Ave, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      Land with high visibility and access in Lubbock, Texas.
      2612 Loop 289 W, Lubbock, TX 79407
      View Details
    • Contact for pricing

      Esplanade Shopping Center Retail Space

      Retail spaces in a high-visibility shopping center on Milwaukee.
      4525 Milwaukee Ave, Lubbock, TX 79407
      View Details
    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.
    19Th St
    Lubbock, TX 79407
    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
    19Th St, Lubbock, TX, 79407
    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!