Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5002 34Th St Lubbock, TX 79410

    • Strip malls
    • 26,752 SF
    • 2.75 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $655,000
    Location Intelligence
    Property ID
    US82-0180557
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Watermill Express / Bottled Water Supplier / Drinking Water Fountain

    Property Details for 5002 34Th St

    Year built
    1963
    Lot size
    2.75 lot acres
    Property size
    26,752 SF
    Zone code
    38
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    R39774
    APU
    R39774

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $810,000
      6.5%
      $865,000
      7%
      $795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $910,000
      Geo Method
      $785,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $765,000
      Retail
      $680,000
      Mixed-Use
      $875,000
      Hospitality
      $660,000
      Educational
      $790,000
      Residential Income
      $690,000
      Energy
      $845,000
      Income-Based Land
      $675,000
      Food Service
      $900,000

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.918
    Latitude
    33.5639
    CBSA code
    31180
    CBSA name
    LUBBOCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,335
    $359,610
    $694,512
    $1,054,122
    -
    $359,610
    $694,512
    $1,054,122

    Comparable in this City

    • Value Estimation by Request
      2,025 SF

      2849 34th St

      SHOPPING CENTER, STRIP CENTER • 2,025 SF
      2849 34th St, Lubbock, TX 79410-3523
      View Details
    • Value Estimation by Request
      4,050 SF

      2853 34th St

      SHOPPING CENTER, STRIP CENTER • 4,050 SF
      2853 34th St, Lubbock, TX 79410-3523
      View Details
    • Value Estimation by Request
      42,152 SF

      4426 34th St

      SHOPPING CENTER, STRIP CENTER • 42,152 SF
      4426 34th St, Lubbock, TX 79410-2417
      View Details
    • Value Estimation
      $730,000
      23,325 SF

      3403 34th St

      SHOPPING CENTER, STRIP CENTER • 23,325 SF
      3403 34th St, Lubbock, TX 79410-2829
      View Details
    • Value Estimation
      $500,000
      3,900 SF

      2611 Boston Ave

      SHOPPING CENTER, STRIP CENTER • 3,900 SF
      2611 Boston Ave, Lubbock, TX 79410-2237
      View Details
    • Value Estimation
      $445,000
      12,642 SF

      4021 34th St

      SHOPPING CENTER, STRIP CENTER • 12,642 SF
      4021 34th St, Lubbock, TX 79410-2637
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,288 SF

      Charming Lubbock Shopping Center

      Unique retail and office destination with a creative vibe.
      2610 Salem Ave, Lubbock, TX 79410
      View Details
    • $499,900
      5,230 SF

      34th Street Retail Building - Lubbock, TX

      High-traffic auto shop, great location.
      3807 34Th St, Lubbock, TX 79410
      View Details
    • $395,000
      2,898 SF

      Established Restaurant and Building ForSale

      Well-established restaurant and building for sale, includes a second leased location.
      3605 34Th St, Lubbock, TX 79410
      View Details
    • $3,985,000

      Lubbock Retail Property For Sale

      Retail property available for purchase in Lubbock, Texas.
      3103-3135 34Th St, Lubbock, TX 79410
      View Details
    • $95,000
      1,567 SF

      34th Street Retail/Office Opportunity

      Redevelopment opportunity in high-visibility, high-traffic location.
      4620 34Th St, Lubbock, TX 79410
      View Details
    • Contact for pricing
      2,544 SF

      Freestanding Restaurant and Bar Space

      2,544 SF restaurant/bar near Texas Tech and Cactus Alley.
      2608 Salem Ave, Lubbock, TX 79410
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,127 SF

      Retail Space in Renovated Center

      Retail space available in a recently renovated strip center.
      3420 34Th St, Lubbock, TX 79410
      View Details
    • $396,000
      4,000 SF

      Retail Center on 34th Street

      Retail center with two spaces available for sale or lease.
      2621 34Th St, Lubbock, TX 79410
      View Details
    • $15 SF/Yr
      11,392 SF

      Remodeled Retail Center Near Freeway

      Modernized retail suites available in high-visibility Lubbock location.
      5002 34Th St, Lubbock, TX 79410
      View Details
    • $17 SF/Yr
      20,075 SF

      Oak Tree Village: Lubbock Office Space

      Prime Lubbock Office, Medical, Retail
      3701 19Th St, Lubbock, TX 79410
      View Details
    • $295,000
      1,560 SF

      Retail/Office Space on 34th Street

      Adaptable retail/office space with high visibility and ample parking.
      4622 34Th St, Lubbock, TX 79410
      View Details
    • $3,000 /Mo
      1,700 SF

      Retail Space in Lubbock, TX

      Retail space available for lease in Lubbock, Texas.
      2601 Boston Ave, Lubbock, TX 79410
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5002 34Th St
    Lubbock, TX 79410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.