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Property profile & analytics

3824 50Th St Lubbock, TX 79413

  • Office buildings
  • 4,078 SF
  • 0.29 lot acres
Value Estimations
$290,000
Cap Rate Potential
Location Intelligence
Property ID
US82-3206784
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.

Current Use by Public Records

  • Masten Group / Real Estate Agency / Commercial Real Estate Agency
  • Champagne Room Clothing Boutique / Boutique
  • CareMinders Home Care / Home Health Care Service
  • Flatland Fashion Boutique / Boutique
  • Perfected Talent Barbershop and Hair Salon / Barber Shop

Property Details for 3824 50Th St

Year built
1973
Lot size
0.29 lot acres
Property size
4,078 SF
Zone code
38
Property type
Office buildings
APN
R30127
APU
R30127

Description

This single-story, 7,293 square foot office building at 3824 50th Street in Lubbock, Texas, presents a fantastic opportunity for businesses seeking flexible space. Built in 1973 and extensively renovated in 2022, the property boasts five individual suites, offering a range of sizes to accommodate various needs. The minimum divisible space is 927 square feet, while the maximum contiguous space available is 3,110 square feet, providing options for both smaller and larger tenants. The building sits on a 0.58-acre lot and is zoned F-1, allowing for a variety of commercial uses. Its prime location along the 50th Street corridor, between Indiana and Quaker Avenues, places it in the heart of central Lubbock, ensuring high visibility and easy access for employees and clients. The property's recent renovation ensures modern amenities and updated infrastructure, making it an attractive option for businesses seeking a well-maintained and conveniently located office space. This is a multi-tenant building offering a variety of suite sizes, making it ideal for businesses of all sizes. The property's location in Lubbock County, Texas, with a 79413 zip code, offers easy access to major transportation routes and local amenities.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $315,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $264,000
    Market price range: $175k - $412k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $290,000
    Current use
    AUTO REPAIR, GARAGE
    $360,000
    Change: +24% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $325,000
    Change: +13% Conversion: Easy
    RETAIL STORES
    $270,000
    Change: -6% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.899
Latitude
33.5492
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
$5,112
$63,750
$241,250
$305,000
-
$63,750
$241,250
$305,000
More about this property
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