2329 34th St, Lubbock, TX 79411-1633
This exceptional mixed-use property in central Lubbock, Texas, presents a remarkable investment opportunity. Located on the highly desirable 34th Street, this 10,546 square foot property boasts three separate buildings, each offering unique potential for redevelopment. Built in 1955, the two-story structure currently sits vacant, providing a blank canvas for a variety of commercial ventures. The asking price is $230,000, translating to $21.81 per square foot. Previous uses have included a retail store, storage units, a movie theater, and even a batting cage, showcasing the property's versatility and adaptability. The property's prime location on 34th Street in Lubbock, Lubbock County, Texas (zip code 79411) offers excellent visibility and accessibility. With its substantial square footage and multiple buildings, this property is ideal for an investor seeking a significant return on investment through renovation and repurposing. The possibilities are truly endless, making this a rare and exciting opportunity in the thriving Lubbock market. The property is classified as Class A and is currently vacant, allowing for immediate occupancy and customization to suit the buyer's vision. This is a chance to acquire a substantial commercial property in a prime location with a rich history and a bright future.
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.