You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

3501 50Th St Lubbock, TX 79413

Strip malls Google Maps
41,892 SF 3.08 ac lot Built 1983
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$930k
Range $837k – $1.02M (±10%)
Property ID US82-2897954

Property summary

AI-generated overview

This exceptional retail opportunity is located at 3501 50th St, Lubbock, TX 79413, within the 50th & Indiana Shopping Center. The property consists of two single-story buildings totaling 41,000 square feet, offering a minimum divisible space of 3,000 square feet, with a maximum contiguous space also at 3,000 square feet. Currently, 3,000 square feet of retail space is immediately available. The center boasts ample parking with 160 spaces available for customers and employees. The property is zoned NC - Neighborhood Commercial, making it ideal for a variety of retail uses. This location benefits from exceptional visibility and high traffic counts, exceeding 51,500 vehicles daily, due to its strategic placement at the intersection of 50th Street and Indiana Avenue. The center is shadow-anchored by a high-performing United Supermarket's Market Street, ranked among the top three most visited Market Street locations in Texas, according to Placer.AI. Further enhancing the location's appeal are nearby businesses such as Planet Fitness, Starbucks, BioLife Plasma Services, and CVS, creating a strong synergy and attracting significant foot traffic. This presents a unique chance to establish a thriving retail presence in a vibrant and well-established commercial area. The property offers a strong foundation for immediate occupancy and long-term success.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Total area 41,892 SF
Lot 3.08 ac (134,078 SF)
Zoning code 38
APN R113339
UPID US82-2897954

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
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Food Processing Plant
  • Clothing & Fashion Store
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$930k

Owner & transaction history

since 2018
1 recorded transaction
2018
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
Try Rey
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
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