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Property profile & analytics

2203 Clovis Rd Lubbock, TX 79415-3037

  • Turn key restaurants
  • 1,394 SF
  • 0.42 lot acres
OFF-MARKET
Last Sale
Jun 18, 2020
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-3253418
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

  • Colimas Mexican restaurant / Mexican Restaurant

Property Details for 2203 Clovis Rd

Year built
1952
Lot size
0.42 lot acres
Property size
1,394 SF
Zone code
38
Property type
Turn key restaurants
APN
R28592
APU
R28592

Description

This thriving Lubbock restaurant presents a fantastic investment opportunity. Located at 2203 Clovis Rd, Lubbock, TX 79415, this 1,394 square foot retail space is priced at $220,000, or $157.82 per square foot. Built in 1984, the property sits on a generous 18,453 square foot lot, offering ample space and potential for expansion or outdoor seating. The restaurant is in excellent condition and ready for immediate occupancy, making it ideal for established chefs or restaurateurs looking for a move-in-ready location. The property's history of serving the Lubbock community positions it for continued success under new ownership. This turnkey operation offers a rare chance to acquire a well-established business in a desirable location. The property's size and location within Lubbock County provide a strong foundation for future growth and profitability. This is a prime opportunity for an experienced restaurateur to step into an existing, successful business and capitalize on its established customer base and prime location. Serious inquiries are encouraged to explore this exceptional investment prospect.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000

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


Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.864
Latitude
33.6007
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
$1,081
$9,227
$73,898
$83,125
-
$9,227
$73,898
$83,125
More about this property
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