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10101 Slide Rd Lubbock, TX 79424

Strip malls Google Maps
24,800 SF 2.39 ac lot Built 2004
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$710k
Range $639k – $781k (±10%)
Property ID US82-0298669

Property summary

AI-generated overview

This exceptional commercial property, located at 10101 Slide Rd in Lubbock, Texas, presents a prime retail or restaurant opportunity. The property is part of the Slide Retail Center, a multi-tenant building totaling 24,800 square feet. Currently, 3,000 square feet of space is immediately available, with a minimum divisible space of 3,000 square feet. The property's location on Slide Road in Lubbock County (zip code 79424) ensures high visibility and accessibility for businesses. The center boasts a strong tenant mix, including established businesses such as Fuzzy's Taco Shop, Edward Jones, a nail salon, and Hat Creek Interiors, creating a vibrant and successful commercial environment. This modern space is ideal for a variety of uses, offering the perfect blend of convenience and high-traffic exposure. The property is situated in a thriving area of Lubbock, providing excellent access to a large customer base. This is an exceptional chance to establish or expand your business in a well-established and successful retail center. The available space is ready for immediate occupancy, allowing for a quick and efficient start to your business operations. Don't miss this opportunity to secure a prime location in a bustling commercial area. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 24,800 SF
Lot 2.39 ac (104,021 SF)
APN R301443
UPID US82-0298669

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store
  • High School Daycare Center
  • Insurance Agency
  • Hair Salon
  • Daycare Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$841k
Blend (final) Blend
$710k

Owner & transaction history

since 2017
7 recorded transactions
2020
Price N/A
2017
Price N/A
2011
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +20.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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