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    Property profile & analytics

    120 University Ave Lubbock, TX 79415-2855

    • Gas stations
    • 1,444 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-3922189
    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

    • Money Stop / Check Cashing Service
    • Sonik Mart / North Side liquor / Wine Store / Liquor Store

    Property Details for 120 University Ave

    Year built
    1965
    Lot size
    0.24 lot acres
    Property size
    1,444 SF
    Zone code
    38
    Property type
    Gas stations
    APN
    R90871
    APU
    R90871

    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
    -101.871
    Latitude
    33.5963
    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
    $1,653
    $15,596
    $99,212
    $114,808
    -
    $15,596
    $99,212
    $114,808

    Comparable in this City

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      313 Detroit Ave

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      $335,000
      2,240 SF

      3314 4th St

      SERVICE STATION WITH FOOD MART • 2,240 SF
      3314 4th St, Lubbock, TX 79415-3324
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    • Value Estimation by Request
      1.41 Acres

      1902 Marshall St

      PARKING GARAGE, PARKING STRUCTURE • 1.41 Acres
      1902 Marshall St, Lubbock, TX 79415
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      480 SF

      2801 Clovis Rd

      RESTAURANT • 480 SF
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      13,174 SF

      3216 4th St

      RESTAURANT • 13,174 SF
      3216 4th St, Lubbock, TX 79415-3212
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      18,300 SF

      1923 Marsha Sharp Fwy

      SHOPPING CENTER, STRIP CENTER • 18,300 SF
      1923 Marsha Sharp Fwy, Lubbock, TX 79415-4036
      View Details

    Similar Nearby for Sale

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      Commercial property with high traffic and great potential on Clovis Road.
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      Value-add investment opportunity with redevelopment potential in a high-traffic area.
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      Prime Lubbock Commercial Land

      7.27 Acres, Interstate Highway Commercial Zoning
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      Versatile property with nightclub setup, warehouse potential, and redevelopment options.
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      Lubbock Commercial Property Near University

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    Similar Nearby for Lease

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      Retail and restaurant spaces available near Texas Tech University.
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    • $54 SF/Yr
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      Clovis Road Retail Warehouse Space

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      Remodeled Retail/Office Space Near TTU

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      Lubbock Commercial Space Near Tech

      Commercial lease space near Texas Tech University, Lubbock, Texas.
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      Retail Spaces Near Texas Tech

      Retail spaces available near Texas Tech University and Jones AT&T Stadium.
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    • $12 SF/Yr
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      Retail Center Near Texas Tech

      Retail spaces near Texas Tech University and Downtown Lubbock.
      1923 Marsha Sharp Fwy, Lubbock, TX 79415
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    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      1.7k
    • Avg Time on site
      10 min
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    120 University Ave
    Lubbock, TX 79415-2855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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