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Property profile & analytics
OFF-MARKET
Strip malls

4412 50th St Lubbock, TX 79414-3610

2,400 SF 0.16 ac lot Built 1970
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3560874
Property summary
AI-generated overview

This exceptional 2,400-square-foot storefront, located at 4412 50th Street in Lubbock, Texas, presents a compelling owner-user investment opportunity. The property, built in 1984 and renovated in 2019, is currently vacant and offers significant potential for a variety of retail businesses. Situated on a 0.15-acre lot, the single-story building boasts excellent visibility and high traffic counts, making it an ideal location for attracting customers. The asking price is $235,000, translating to $97.92 per square foot. The property's Class C designation reflects its solid construction and functionality. This is a single-unit building with 2,400 square feet of net rentable space. The property's location in Lubbock County, Texas, zip code 79414, offers access to a thriving local economy. This is a for-sale-by-owner opportunity to acquire a well-maintained retail space with significant upside potential in a desirable location. The property's adaptable layout allows for customization to suit various commercial needs. Don't miss this chance to own a piece of Lubbock's vibrant commercial landscape.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 2,400 SF
Lot 0.16 ac (6,780 SF)
Zoning code 38
APN R25893
UPID US82-3560874
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alpha Sleep Labs #1 Medical Clinic
  • Off The Top Head Shop Barber Shop
  • Subway Take-out & Catering
  • The Brand Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Omega Health Solution LLC · 9 yrs held
Omega Health Solution LLC
since 2016
3 recorded transactions
2016
Price N/A
2016
Price N/A
2014
Price N/A
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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