4805 Loop 289thLubbock, TX 79424

  • Retail properties
  • 8,795 SF
Off market
$1,452,000 Estimated

Property Details for 4805 Loop 289th

Year built
2012
Property size (Sq ft)
8,795 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
R327635
APU
R327635

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,918,080
    6.5%
    $1,770,535
    7%
    $1,644,069
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,977,335
    Geo Method
    $2,666,700
  • Alternative Use

    Use
    Valuation
    Residential
    $1,493,513
    Hospitality
    $1,368,050
    Educational
    $1,138,201
    Medical
    $1,177,346
    Retail
    $1,770,535
4805 Loop 289th, Lubbock, Texas
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Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.532
Longitude
-101.915
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,200,000
  • Assessed value
    $1,200,000
  • Tax year
    2023
  • Tax bill
    $22,306

FAQs

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