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    Property profile & analytics

    1202 50th St Lubbock, TX 79412-3103

    • Turn key restaurants
    • 1,408 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US82-4423941
    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

    • Wienerschnitzel / Hot Dog Restaurant / Ice Cream Shop
    • B'Q Attic Insulation Services / Insulation Materials Store / Roofing Contractor

    Property Details for 1202 50th St

    Year built
    2004
    Lot size
    0.36 lot acres
    Property size
    1,408 SF
    Zone code
    38
    Property type
    Turn key restaurants
    APN
    R67265
    APU
    R67265

    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
    -101.847
    Latitude
    33.5491
    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
    $5,996
    $31,000
    $377,801
    $408,801
    -
    $31,000
    $377,801
    $408,801

    Comparable in this City

    • Value Estimation by Request
      1,275 SF

      1308 50th St

      RESTAURANT • 1,275 SF
      1308 50th St, Lubbock, TX 79412-2904
      View Details
    • Value Estimation by Request
      432 SF

      1708 50th St

      RESTAURANT • 432 SF
      1708 50th St, Lubbock, TX 79412-2702
      View Details
    • Value Estimation
      $385,000
      2,639 SF

      1101 50th St

      RESTAURANT • 2,639 SF
      1101 50th St, Lubbock, TX 79412-3135
      View Details
    • Value Estimation
      $395,000
      2,660 SF

      1717 50th St

      RESTAURANT • 2,660 SF
      1717 50th St, Lubbock, TX 79412-2701
      View Details
    • Value Estimation by Request
      4,560 SF

      1910 50th St

      RESTAURANT • 4,560 SF
      1910 50th St, Lubbock, TX 79412-2706
      View Details
    • Value Estimation
      $325,000
      1,235 SF

      1702 50th St

      RESTAURANT • 1,235 SF
      1702 50th St, Lubbock, TX 79412-2702
      View Details

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      Briercroft Center Pad Sites

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      Lubbock Office Space For Rent

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    Property Visit Statistics

    • Visits by month
      5.6k
    • Visitors by month
      5.9k
    • Avg Time on site
      13 min
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    1202 50th St
    Lubbock, TX 79412-3103
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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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