Property profile

1524 50th St Lubbock, TX 79412

OFF-MARKET
Turn key restaurants
Property ID
US83-4075930
3,472 SF 0.28 ac lot Built 1975
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 3,472 SF
Lot 0.28 ac (12,100 SF)
Zoning code 38
APN R67766
UPID US83-4075930

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
  • Cafe & Coffee Shop
  • Roofing Company General Contractor

Location

1524 50th St Lubbock, TX 79412-2905
Lubbock metro Census 2401 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2015
6 recorded transactions
2015
Price N/A
2009
Price N/A
2007
Price N/A
1969
Price N/A
1969
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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