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Financial
Distress signals
Property profile

502 E 34Th St Lubbock, TX 79404

FOR SALE
Retail space
Property ID
US82-3135512
3,000 SF 0.37 ac lot Built 1982
Last sale Nov 2004
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 3,000-square-foot flex building constructed in 1982, featuring a brick-front office area with brick, cinderblock, and metal construction. The interior includes air-conditioned office space, one bathroom, and two storage areas. Exterior features include six parking spaces and a fenced outdoor stack lot of approximately one-quarter acre on a 0.3075-acre site. The building is located at 502 34th Street in Lubbock and has access via a city road, a paved road, and an alley. Road…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value · 2024$65k
Assessed land$16k
Assessed improvement$49k
Effective rate1.83%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$300k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 11.31% cap applied$33k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
11.31%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
38
JurisdictionLUBBOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.3
Restaurant14.0
Hair Salon13.5

Location

502 E 34Th St Lubbock, TX 79404
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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