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Property profile & analytics

5402 4Th St Lubbock, TX 79416

  • Turn key restaurants
  • 2,344 SF
For Lease
Last Sale
Jun 02, 2022
Value Estimations
$280,000
Cap Rate Potential
Location Intelligence
Property ID
US82-2125250
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

  • B H Properties / Real Estate Agency
  • Bargainbinslbk2 / Discount Store
  • Taco Villa / Mexican Restaurant / Latin American Restaurant
  • TruFit Athletic Clubs - 4th St / Yoga Instructor / Gym
  • ATM / Atm

Property Details for 5402 4Th St

Year built
1982
Property size
2,344 SF
Zone code
38
Property type
Turn key restaurants
APN
R95650
APU
R95650

Description

This exceptional 19,000 square foot medical office space is ideally situated in Suite B of the North Point Center, a thriving retail hub in Northwest Lubbock, Texas. The property boasts a single-tenant occupancy, offering a unique opportunity for a medical practice seeking ample space and high visibility. Located at 5402 4th Street, zip code 79416, this Class C retail and office space benefits from its strategic placement within a major retail center anchored by established businesses such as Big Lots and TruFit Athletic Clubs. This high-traffic location ensures significant daily exposure to potential patients and clients. The property's convenient access and prominent position along 4th Street, a thoroughfare with a daily traffic count of 23,258 vehicles, guarantees excellent visibility and accessibility. The building offers an in-line retail suite configuration, providing a readily adaptable space for a variety of medical uses. This single-tenant property presents a rare opportunity to establish or expand a medical practice in a dynamic and well-established commercial center. The property is classified as a Class C building and is categorized as a retail and office space with a medical office subtype. The address is verified as 5402 4th St, Lubbock, TX 79416.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $280,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $200,000
    Market price range: $169k - $323k

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


Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.925
Latitude
33.5937
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
$5,045
$0.00
$465,609
$465,609
-
$0.00
$465,609
$465,609
More about this property
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