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Property profile & analytics

1516 53Rd St, Unit | Lubbock Lubbock, TX 79412

  • Office buildings
  • 13,789 SF
  • 1.86 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-2830764
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

  • Office buildings

Property Details for 1516 53Rd St

Year built
1971
Lot size
1.86 lot acres
Property size
13,789 SF
Zone code
38
Property type
Office buildings
APN
R32657
APU
R32657

Description

This exceptional 45,789-square-foot building, originally a warehouse, underwent a complete transformation in 2008 into a fully functional educational facility. The conversion included the addition of a gymnasium, a spacious lunchroom, an elevator, and numerous oversized classrooms and restrooms. Significant land acquisitions expanded the property to include a gardening and greenhouse area to the northwest, and a playground and sports court to the northeast. The original dock high doors remain, repurposed as a covered outdoor learning space with tables. The entire main building is securely fenced with gated access for parking and drop-off, creating a safe and contained campus. Priced at $1,500,000 ($32.76 per square foot), this two-story building presents a unique opportunity. Its adaptable design makes it ideal for continued use as a school or church, or offers potential for creative repurposing into multi-family housing or a residential facility for mental health, foster care, or substance abuse treatment. Located at 1516 53rd St, Lubbock, TX 79412.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $355,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.852
Latitude
33.5463
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
$0.00
$162,382
$2,063,922
$2,226,304
-
$162,382
$2,063,922
$2,226,304
More about this property
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