3807 34Th St Lubbock, TX 79410
For Sale
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This freestanding, 5,230 square foot retail building, located at 3807 34th Street in Lubbock, Texas, is offered at $499,900. Built in 1966 and renovated in 1990, the property sits on an 8,519 square foot lot and is zoned NC (Neighborhood Commercial). Currently operating at 100% occupancy as a single-tenant auto shop, the building features approximately 2,830 square feet of flexible showroom and office space, plus shop/warehouse space including a two-car bay with overhead doors. The layout includes two offices and two showroom areas. A recent roof replacement enhances the property's value. The high traffic counts on 34th Street make this an ideal location for a variety of businesses, including automotive repair or service, stereo or audio shops, furniture or mattress showrooms, appliance sales and repair, and similar ventures. The property is a Net Lease (NNN) with no remaining lease term. This presents a unique opportunity for owner-occupancy or investment. The building's features and location offer significant potential for continued success or adaptation to new business needs. The asking price per square foot is $95.58.
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Vernon's Signature Audio Electronics & Wireless Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.