Property profile

4926 50Th St Lubbock, TX 79414

FOR SALE
Turn key restaurants
Property ID
US82-1871148
1,821 SF 0.3 ac lot Built 1969
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 2,065 sq ft freestanding restaurant building in Lubbock, Texas, is available for sale or lease. Located at 4926 50th St, near Slide Road, this property sits on a 13,133 sq ft lot and boasts a convenient drive-thru window and ample parking (19 spaces). Built in 1969, the building is zoned NC Neighborhood Commercial and is ideally suited for a restaurant or similar business. The property is offered AS-IS for $750,000 or is available for lease with tenant improvement options. Its previous use as a Pizza Hut location provides a strong foundation for a new tenant. The high-traffic location on 50th Street ensures excellent visibility and accessibility for customers. This turnkey opportunity presents a chance to establish or expand a business in a thriving Lubbock community. Lubbock County location and zip code 79414. The entire 2,065 square feet is currently vacant.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 1,821 SF
Lot 0.3 ac (13,133 SF)
Zoning code 38
APN R86768
UPID US82-1871148

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

4926 50Th St Lubbock, TX 79414
Lubbock metro Census 1806 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2019
Price N/A
2010
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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