4206 50Th St Lubbock, TX 79413
- Strip malls
- 5,920 SF
- 0.47 lot acres
Current Use by Public Records
- Images Printing & Copy / Commercial Printer / Professional Services
- Bell Travel Services / Travel Agency / Cruise Agency
- 2nd Chance Books / Book Store
- Shadeaides Shadeaides / Store
- Find Lubbock Homes / Professional Services / Real Estate Consultant
Property Details for 4206 50Th St
- Year built
- 1973
- Lot size
- 0.47 lot acres
- Property size
- 5,920 SF
- Zone code
- 38
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- R30006
- APU
- R30006
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $190,000
Market price range: $99.9k - $212k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.901
- Latitude
- 33.5492
- CBSA code
- 31180
- CBSA name
- LUBBOCK, TX METROPOLITAN STATISTICAL AREA