4206 50th St Lubbock, TX 79413-3865
Property summary
This exceptional 5,920 square foot retail property in Lubbock, Texas, presents a lucrative investment opportunity. Located on a high-traffic section of 50th Street, the building boasts 173 feet of street frontage, ensuring maximum visibility for your business or tenant. The property features floor-to-ceiling windows across the entire front, maximizing natural light and showcasing the interior space. Ample parking is available for customers and employees. The building is situated on a 0.47-acre lot and has undergone noticeable renovations, ensuring a modern and attractive space. Its central Lubbock location offers easy access to Texas Tech University (a short 7-minute drive) and Loop 289, providing convenient access to the entire city. The strong commercial corridor of 50th Street is home to numerous food and shopping establishments, creating a vibrant and thriving business environment. Currently occupied by an existing tenant, this property offers immediate cash flow potential. The asking price is $490,000. This is a rare opportunity to acquire a well-located, high-visibility retail property in a growing market. The property's size, location, and existing tenant make it an ideal investment for both seasoned and new commercial real estate investors.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Printing Service
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Travel Agency
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(Bike/Boat/Book/etc) Store
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Department Store
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Real Estate Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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Find the owner behind the property.
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