Property profile

1308 50th St Lubbock, TX 79412

OFF-MARKET
Turn key restaurants
Property ID
US83-4219175
1,275 SF 0.32 ac lot Built 1968
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1968
Total area 1,275 SF
Lot 0.32 ac (13,750 SF)
Zoning code 38
APN R67439
UPID US83-4219175

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
  • Car Dealership
  • Restaurant
  • Restaurant

Location

1308 50th St Lubbock, TX 79412-2904
Lubbock metro Census 2401 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2015
Price N/A
2009
Price N/A
2006
Price N/A
2005
Price N/A
1969
Price N/A

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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