Property profile

313 University Ave Lubbock, TX 79415

OFF-MARKET
Turn key restaurants
Property ID
US83-3779954
2,652 SF 0.71 ac lot Built 2013
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2013
Total area 2,652 SF
Lot 0.71 ac (30,753 SF)
Zoning code 38
APN R87784
UPID US83-3779954

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Roofing Company General Contractor

Location

313 University Ave Lubbock, TX 79415-3428
Lubbock metro Census 202 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2013
Price N/A
2012
Price N/A
2006
Price N/A
2006
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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