4537 34Th St Lubbock, TX 79410
- Retail space
- 2,135 SF
- 0.15 lot acres
Current Use by Public Records
- Retail space
Property Details for 4537 34Th St
- Year built
- 1960
- Lot size
- 0.15 lot acres
- Property size
- 2,135 SF
- Zone code
- 38
- Property type
- Retail space
- APN
- R35021
- APU
- R35021
Description
This exceptional commercial property at 4537 34th Street, Lubbock, Texas, offers 2,135 square feet of adaptable showroom and office space, perfect for a variety of businesses. Located in Lubbock County, this single-tenant property boasts an open layout ideal for retail or office use, including one private office and two restrooms. The building, constructed in 1960, sits on a 0.3-acre lot and is zoned NC. The property's convenient location on 34th Street, near thriving businesses such as Family Dollar, Sonic, and Meineke Car Care, ensures high visibility and accessibility. Recent improvements to 34th Street further enhance its appeal. The total building size is 6,135 square feet, with 2,135 square feet currently vacant. While there are no on-site parking spaces, the property's strategic location offers easy access to ample parking options in the surrounding area. This property presents a unique opportunity for businesses seeking a flexible and well-situated space in a dynamic commercial environment. Lease options are available at $1,600 per month plus NNN. The property is also available for purchase, offering a compelling investment opportunity. This single-story building offers a convenient and accessible location for your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $395,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $380,000
- Mixed-Use
- $425,000
- Hospitality
- $350,000
- Educational
- $390,000
- Residential Income
- $350,000
- Energy
- $345,000
- Income-Based Land
- $395,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.909
- Latitude
- 33.563
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA