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Property profile & analytics

4845 50Th St Lubbock, TX 79414

  • Turn key restaurants
  • 8,086 SF
  • 0.53 lot acres
Value Estimation
$435,000
Location Intelligence
Property ID
US82-2687319
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

  • Turn key restaurants

Property Details for 4845 50Th St

Year built
1972
Lot size
0.53 lot acres
Property size
8,086 SF
Zone code
38
Property type
Turn key restaurants
APN
R31506
APU
R31506

Description

This exceptional retail property, located at 4845 50th Street, offers 8,006 square feet of space in a single, one-story building situated on a 22,950 square foot lot. Built in 1972 and extensively renovated in 2024, the property boasts a prime location in the Local Retail District, offering excellent visibility and accessibility. Currently, 4,156 square feet of space is available for lease, representing a significant opportunity for retail businesses seeking a modern, well-maintained space. The renovations include a new roof, exterior paint, landscaping enhancements, and parking lot striping. The interior has been completely gutted to shell space, providing a blank canvas for tenant build-outs. The property features 135 feet of frontage on 50th Street, providing ample street visibility. Abundant surface parking is available for customers and employees. The strategic location near Slide Road places the property in close proximity to a thriving culinary scene, including well-known restaurants such as the Cheesecake Factory, Uncle Julio's, and Bubba's 33. The available space is adaptable and can be subdivided to accommodate smaller tenants. This is an ideal opportunity for businesses seeking a high-visibility location with modern amenities in a rapidly developing area. The property's APN is R31506.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.918
Latitude
33.5484
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
$8,857
$114,750
$368,518
$483,268
-
$114,750
$368,518
$483,268
More about this property
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