Property profile

4537 34th St Lubbock, TX 79410

OFF-MARKET
Retail space
Property ID
US82-2897135
2,135 SF 0.15 ac lot Built 1960
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 4537 34th Street, Lubbock, Texas, offers 2,135 square feet of adaptable showroom and office space, perfect for a variety of businesses. Located in Lubbock County, this single-tenant property boasts an open layout ideal for retail or office use, including one private office and two restrooms. The building, constructed in 1960, sits on a 0.3-acre lot and is zoned NC. The property's convenient location on 34th Street, near thriving businesses such as Family Dollar, Sonic, and Meineke Car Care, ensures high visibility and accessibility. Recent improvements to 34th Street further enhance its appeal. The total building size is 6,135 square feet, with 2,135 square feet currently vacant. While there are no on-site parking spaces, the property's strategic location offers easy access to ample parking options in the surrounding area. This property presents a unique opportunity for businesses seeking a flexible and well-situated space in a dynamic commercial environment. Lease options are available at $1,600 per month plus NNN. The property is also available for purchase, offering a compelling investment opportunity. This single-story building offers a convenient and accessible location for your business needs.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 2,135 SF
Lot 0.15 ac (6,525 SF)
Zoning code 38
APN R35021
UPID US82-2897135

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4537 34th St Lubbock, TX 79410-2418
Lubbock metro Census 1806 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

38 · Lubbock, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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