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    Property profile & analytics
    FOR SALE
    Commercial real estate

    1801 19Th St, Lubbock, TX 79401

    3,067 SF Built 1956
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-3681490
    Property summary
    AI-generated overview

    This exceptional 3,067 square foot vacant commercial building presents a lucrative investment opportunity in Lubbock, Texas. Located at 1801 19th Street, this Class C property sits on a large lot with ample parking, offering significant potential for a variety of uses. Its strategic location on the corner of 19th Street and Avenue R ensures high visibility and traffic flow, placing it ideally across from the Depot district and near established businesses such as Cavender Lexus and Cadillac dealerships. The building's single-story design and 128.79$/sq ft price point make it an attractive proposition for entrepreneurs and investors alike. The property is currently vacant, providing immediate occupancy for a new business venture. This prime location in a growing and redeveloping area of Lubbock offers a unique chance to establish a thriving enterprise. The building's size and layout are well-suited for a bar or restaurant, but its versatility allows for adaptation to other retail uses. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic and expanding market. The asking price is $395,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1956
    Total area 3,067 SF
    Zoning code 38
    APN R78485
    UPID US82-3681490
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stilletos dance Hall Nightclub Music Venue
    • Lubbock Police Department East Division Station Public Safety Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    John William Matthews JR · 3 yrs held
    John William Matthews JR
    since 2022
    3 recorded transactions
    2022
    2018
    2018
    Zoning & alternative use
    38 · Lubbock, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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