Property profile

1202 50th St Lubbock, TX 79412

OFF-MARKET
Turn key restaurants
Property ID
US82-4423941
1,408 SF 0.36 ac lot Built 2004
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Total area 1,408 SF
Lot 0.36 ac (15,500 SF)
Zoning code 38
APN R67265
UPID US82-4423941

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
  • Restaurant Take-out & Catering
  • Roofing Company General Contractor

Location

1202 50th St Lubbock, TX 79412-3103
Lubbock metro Census 2401 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

38 · Lubbock, TX

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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