Property profile

2506 3rd St Lubbock, TX 79415

OFF-MARKET
Turn key restaurants
Property ID
US82-2318952
2,132 SF 0.47 ac lot Built 2006
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 2,132 SF
Lot 0.47 ac (20,299 SF)
Zoning code 38
APN R112377
UPID US82-2318952

Cap rate & NOI

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

Location

2506 3rd St Lubbock, TX 79415
Lubbock metro Census 301 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2005
5 recorded transactions
2017
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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