Financial
Distress signals
Property profile

3003 50Th St Lubbock, TX 79413

FOR LEASE
Strip malls
Property ID
US83-4177192
10,800 SF 0.68 ac lot Built 2006
Last sale Apr 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,010 square foot retail shopping center, located at 3003 50th Street in Lubbock, Texas, presents a fantastic opportunity for discerning businesses. Built in 2006 and renovated in 2017, the Class B property boasts four suites, with two currently available. Each available suite offers a minimum of 2,500 square feet and a maximum contiguous space of 2,500 square feet. The flexible layout allows for customization to suit various retail needs. The property features retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$1.15M
Assessed land$149k
Assessed improvement$1.00M
Effective rate1.74%

Value estimate

· Sep 2026
$395k
$356k – $435k
AI approach$410k
NOI build-up
Gross scheduled income$150k
Vacancy & credit loss−$12k
Operating expenses−$41k
NOI · 690,692.86% cap applied$97k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
690,692.86%
$97k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLUBBOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant45.8
Building Supply40.3
Law Firm36.0

Location

3003 50Th St Lubbock, TX 79413
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4206 50th, Lubbock, TX 79413-3865 $203,000 Dec 2018 5,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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