Technical
Financial
Distress signals
Property profile

2213 University Ave Lubbock, TX 79410

OFF-MARKET
Retail space
Property ID
US82-3743676
4,453 SF 0.16 ac lot Built 1960
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is situated on bustling University Avenue in Lubbock County, boasting unparalleled visibility and accessibility. With over 21,000 vehicles passing daily, this location ensures maximum exposure for your business. The property offers a total of 4,148 square feet, with a minimum divisible space of 1,398 square feet and a maximum of 2,750 square feet, providing flexibility for various business needs. The lot size is a generous 6,900 square feet. The building features modern amenities including two ADA-compliant restrooms, recently updated electrical systems, and a new HVAC system, ensuring a comfortable and efficient environment for tenants and customers. The landlord is open to negotiating tenant improvements, offering further customization options. This prime location benefits from its proximity to Texas Tech University, a major institution with over 40,000 students, and the Lubbock Medical District, guaranteeing a large and diverse customer base. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving area. Multiple tenancy options are available.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 4,453 SF
Lot 0.16 ac (6,900 SF)
Zoning code 38
APN R46506
UPID US82-3743676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2213 University Ave Lubbock, TX 79410-1651
Lubbock metro Census 1401 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2013
Price N/A
2005
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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