1526 19th St, Lubbock, TX 79403-5324
This exceptional 5,000 square foot retail property at 1526 E 19th Street, Lubbock, TX, presents a unique investment opportunity. Situated on a 0.3-acre lot, it boasts unparalleled views of the Lubbock Canyon Lake System, offering a highly desirable location for a variety of commercial ventures. Currently a blank canvas, this space is ready for immediate occupancy by new tenants. The property is ideally suited for a restaurant, drive-through business, or retail store. Its location within an Opportunity Zone presents the potential for securing city grants to assist with build-outs and renovations, making it an even more attractive proposition. The current owner is actively undertaking significant improvements, including the installation of a new roof and facade enhancements, ensuring the property is presented in excellent condition for its new owner. Priced at $325,000, this property offers a compelling combination of prime location, attractive features, and significant potential for growth. Don't miss this chance to acquire a truly distinctive retail space in a thriving Lubbock location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.