Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    410 Frankford Ave Lubbock, TX 79416-4014
    Back to Search
    Property profile & analytics

    410 Frankford Ave Lubbock, TX 79416-4014

    View on Map
    • Retail space
    • 4,216 SF
    • 0.40 lot acres
    Off-Market
    Property ID
    US82-2803681
    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

    • Rise N Shine Donuts / Bakery / Discount Store
    • Advance America / Loan Service
    • MoneyGram / Bank / Credit Union

    Property Details for 410 Frankford Ave

    Year built
    1993
    Lot size
    0.40 lot acres
    Property size
    4,216 SF
    Zone code
    17
    Property type
    Retail space
    APN
    R124205
    APU
    R124205

    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
    -101.94
    Latitude
    33.5916
    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
    $9,095
    $87,120
    $399,332
    $486,452
    -
    $87,120
    $399,332
    $486,452

    Comparable in this City

    • Value Estimation by Request
      3,373 SF

      1406 Quitsna Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,373 SF
      1406 Quitsna Ave, Lubbock, TX 79416-1809
      View Details
    • Value Estimation by Request

      801 Quaker Ave

      Individual retail properties
      801 Quaker Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      2,574 SF

      5201 13th St

      RETAIL STORES (PERSONAL SERVICES) • 2,574 SF
      5201 13th St, Lubbock, TX 79416-5407
      View Details
    • Value Estimation
      $670,000
      6,753 SF

      5819 4th St

      RETAIL STORES (PERSONAL SERVICES) • 6,753 SF
      5819 4th St, Lubbock, TX 79416-4159
      View Details
    • Value Estimation by Request
      71,020 SF

      4 & Milwaukee Ave

      Individual retail properties • 71,020 SF
      0 4 & Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Value Estimation
      $640,000
      6,768 SF

      5832 4th St

      RETAIL STORES (PERSONAL SERVICES) • 6,768 SF
      5832 4th St, Lubbock, TX 79416-4100
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,860 SF

      Retail Space Available For Rent

      Retail space available for lease in Lubbock, Texas.
      6309 4Th St, Lubbock, TX 79416
      View Details
    • Contact for pricing
      71,020 SF

      Lubbock Pad Site Opportunity

      Prime 1.63-acre pad site in a high-traffic retail corridor.
      4 & Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Contact for pricing
      38,580 SF

      Versatile Commercial Property on Clovis Road

      38,580 SF building on 3.39 acres near Stars & Stripes.
      5013 Clovis Rd, Lubbock, TX 79416
      View Details
    • Contact for pricing
      70,479 SF

      Grocery-Anchored Shopping Center in Lubbock

      70,479 SF shopping center near Texas Tech University.
      405 Slide Rd, Lubbock, TX 79416
      View Details
    • $850,000
      4,800 SF

      Remodeled Commercial Building on Slide Road

      Remodeled 4,800 SF commercial building with flexible space.
      5211 13Th St, Lubbock, TX 79416
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,745 SF

      Retail Space Available For Rent

      Retail space available for lease in Lubbock, Texas.
      5718 4Th St, Lubbock, TX 79416
      View Details
    • $18 SF/Yr

      Retail Space Near Texas Tech

      Retail space for sale near a busy Lubbock intersection.
      305 Frankford Ave, Lubbock, TX 79416
      View Details
    • $12 SF/Yr
      3,000 SF

      West Loop Retail Frontage Available

      Retail or office space with high visibility and easy access.
      612 Loop 289 W, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Retail Outparcel on Loop 289

      Retail space available November 2024 on Loop 289.
      602 Loop 289 W, Lubbock, TX 79416
      View Details
    • $25 SF/Yr
      2,250 SF

      Retail Space on Milwaukee Avenue

      Retail space available in rapidly growing Milwaukee Avenue corridor.
      7320 Milwaukee Ave, Lubbock, TX 79416
      View Details
    • $18 SF/Yr
      2,806 SF

      New Retail Space in Lubbock

      New retail space in high-traffic Lubbock shopping center.
      4525 Milwaukee Ave, Lubbock, TX 79416
      View Details

    Property Visit Statistics

    • Visits by month
      12.2k
    • Visitors by month
      10.0k
    • Avg Time on site
      10 min
    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.
    410 Frankford Ave
    Lubbock, TX 79416-4014
    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
    410 Frankford Ave, Lubbock, TX, 79416
    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!