Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3229 50Th St Lubbock, TX 79413
    Property profile & analytics

    3229 50Th St Lubbock, TX 79413

    View on Map
    • Turn key restaurants
    • 2,185 SF
    • 0.46 lot acres
    For Sale
    $2,279,200
    View Listing →
    Starbucks Investment Opportunity in Lubbock For Sale
    $2,279,200

    Starbucks Investment Opportunity in Lubbock

    Starbucks NNN property for sale in Lubbock, Texas.

    3229 50th St, Lubbock, TX 79413
    View Listing
    Property ID
    US82-1285921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starbucks / Cafe & Coffee Shop

    Property Details for 3229 50Th St

    Year built
    2019
    Lot size
    0.46 lot acres
    Property size
    2,185 SF
    Zone code
    38
    Property type
    Turn key restaurants
    APN
    R137168
    APU
    R137168

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.886
    Latitude
    33.5484
    CBSA code
    31180
    CBSA name
    LUBBOCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,111
    $100,000
    $534,396
    $634,396
    -
    $100,000
    $534,396
    $634,396

    Comparable in this City

    • Value Estimation
      $515,000
      7,238 SF

      3115 50th St

      RESTAURANT • 7,238 SF
      3115 50th St, Lubbock, TX 79413-4103
      View Details
    • Value Estimation by Request
      3,349 SF

      3515 50th St

      RESTAURANT • 3,349 SF
      3515 50th St, Lubbock, TX 79413-4003
      View Details
    • Value Estimation by Request
      2,570 SF

      4317 50th St

      RESTAURANT • 2,570 SF
      4317 50th St, Lubbock, TX 79413-3811
      View Details
    • Value Estimation by Request
      2,539 SF

      6925 University Ave

      RESTAURANT • 2,539 SF
      6925 University Ave, Lubbock, TX 79413-6333
      View Details
    • Value Estimation by Request
      1,800 SF

      4208 Boston Ave

      RESTAURANT • 1,800 SF
      4208 Boston Ave, Lubbock, TX 79413-3240
      View Details
    • Value Estimation by Request
      4,260 SF

      3602 50th St

      RESTAURANT • 4,260 SF
      3602 50th St, Lubbock, TX 79413
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,607 SF

      Restaurant with Drive-Thru For Sale

      Restaurant property with drive-thru located at a signalized intersection.
      3001 50Th St, Lubbock, TX 79413
      View Details
    • $550,000
      6,395 SF

      Commercial Buildings with Income Potential

      Two commercial properties with diverse potential and existing tenant income.
      4905 Memphis Ave, Lubbock, TX 79413
      View Details
    • $499,000
      11,668 SF

      University Avenue Office Building

      High-traffic Lubbock location suitable for various uses.
      5009 University Ave, Lubbock, TX 79413
      View Details
    • Contact for pricing
      20,333 SF

      Historic 34th Street Showroom/Warehouse

      Large showroom with warehouse storage and ample parking.
      4015 34Th St, Lubbock, TX 79413
      View Details
    • $2,279,200

      Starbucks Investment Opportunity in Lubbock

      Starbucks NNN property for sale in Lubbock, Texas.
      3229 50Th St, Lubbock, TX 79413
      View Details
    • $550,000
      6,395 SF

      Versatile Commercial Property in Lubbock

      Two commercial properties with flexible use and strong visibility.
      4905 Memphis Ave, Lubbock, TX 79413
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo
      1,100 SF

      High-Traffic Retail Space Available

      Vacant retail space with high traffic in central Lubbock.
      2902 50Th St, Lubbock, TX 79413
      View Details
    • $14 SF/Yr

      Lubbock Retail Showrooms For Rent

      Retail showrooms with storage and office areas in central Lubbock.
      3003 50Th St, Lubbock, TX 79413
      View Details
    • Contact for pricing
      8,268 SF

      Lubbock Retail Space For Lease

      Flexible retail spaces available in Cornerstone Shopping Center, Lubbock, TX.
      3225 50Th St, Lubbock, TX 79413
      View Details
    • Contact for pricing

      Retail Space in Established Center

      2,400 sqft retail space available in well-established shopping center.
      4234-4202 Boston Ave, Lubbock, TX 79413
      View Details
    • $11 SF/Yr

      High Visibility Retail/Office Space

      High-traffic location suitable for retail or office uses.
      2708-2718 50Th St, Lubbock, TX 79413
      View Details
    • $13 SF/Yr

      High-Visibility Lubbock Commercial Property

      Prime location with high traffic, suitable for medical or commercial.
      3801 50Th St, Lubbock, TX 79413
      View Details

    Property Visit Statistics

    • Visits by month
      998
    • Visitors by month
      1.1k
    • Avg Time on site
      22 min
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3229 50Th St
    Lubbock, TX 79413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3229 50Th St, Lubbock, TX, 79413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!