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    Property profile & analytics

    4115 Marsha Sharp Fwy Lubbock, TX 79407-2416

    • Commercial real estate
    • 106,562 SF
    • 2.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-3104596
    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

    • Hotel / Hostel
    • Moms Hotel / Hotel
    • La quinta inn / Motel
    • La Quinta Inn & Suites by Wyndham Lubbock West Medical Centr / Hotel / Motel

    Property Details for 4115 Marsha Sharp Fwy

    Year built
    1985
    Lot size
    2.08 lot acres
    Property size
    106,562 SF
    Zone code
    38
    Property type
    Commercial real estate
    APN
    R59857
    APU
    R59857

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.902
    Latitude
    33.5758
    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
    $111,530
    $634,844
    $5,465,156
    $6,100,000
    -
    $634,844
    $5,465,156
    $6,100,000

    Comparable in this City

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      10517 County Rd 6900

      COMMERCIAL (GENERAL) • 0.62 Acres
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      1,200 SF

      6870 Cr

      COMMERCIAL (GENERAL) • 1,200 SF
      6870 Cr, Lubbock, TX 79407
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    Similar Nearby for Sale

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      Prime 2.23-acre commercial lot. High traffic count.
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    Similar Nearby for Lease

    • $15 SF/Yr
      9,812 SF

      Remodeled Retail Center Near Freeway

      Recently remodeled retail center with high visibility and modern suites.
      5001 Marsha Sharp Fwy, Lubbock, TX 79407
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    • $10 SF/Yr
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      Flexible Office/Retail Space Available

      Highly visible office/retail space with ample parking and accessibility.
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    • $21 SF/Yr
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    • $26 SF/Yr
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      Vacant unit suitable for financial, office, medical, or retail use.
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    • $10 SF/Yr
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      5,000 sq. ft. flex space in Santa Fe Park.
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    • $10 SF/Yr
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      Santa Fe Park Flex Space

      Flex space available in Santa Fe Park, Lubbock.
      4310 Iola Ave, Lubbock, TX 79407
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    Property Visit Statistics

    • Visits by month
      6.4k
    • Visitors by month
      2.8k
    • Avg Time on site
      456 min
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    Lubbock, TX 79407-2416
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    Realmo Value Estimation

    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.

    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.

    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
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