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Property profile & analytics

3807 34Th St Lubbock, TX 79410

  • Commercial real estate
  • 2,841 SF
  • 0.20 lot acres
Value Estimation
Location Intelligence
Property ID
US82-3615504
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Vernon's Signature Audio / Glass Repair Service / Home Cinema Installation

Property Details for 3807 34Th St

Year built
1966
Lot size
0.20 lot acres
Property size
2,841 SF
Zone code
38
Property type
Commercial real estate
APN
R121098
APU
R121098

Description

This freestanding, 5,230 square foot retail building, located at 3807 34th Street in Lubbock, Texas, is offered at $499,900. Built in 1966 and renovated in 1990, the property sits on an 8,519 square foot lot and is zoned NC (Neighborhood Commercial). Currently operating at 100% occupancy as a single-tenant auto shop, the building features approximately 2,830 square feet of flexible showroom and office space, plus shop/warehouse space including a two-car bay with overhead doors. The layout includes two offices and two showroom areas. A recent roof replacement enhances the property's value. The high traffic counts on 34th Street make this an ideal location for a variety of businesses, including automotive repair or service, stereo or audio shops, furniture or mattress showrooms, appliance sales and repair, and similar ventures. The property is a Net Lease (NNN) with no remaining lease term. This presents a unique opportunity for owner-occupancy or investment. The building's features and location offer significant potential for continued success or adaptation to new business needs. The asking price per square foot is $95.58.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $445,000
    6.5%
    $395,000
    7%
    $425,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $455,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $375,000
    Retail
    $455,000
    Mixed-Use
    $465,000
    Hospitality
    $510,000
    Educational
    $405,000
    Residential Income
    $430,000
    Energy
    $375,000
    Income-Based Land
    $420,000
    Food Service
    $430,000

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.897
Latitude
33.563
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,522
$21,298
$120,343
$141,641
-
$21,298
$120,343
$141,641
More about this property
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