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Property profile & analytics
FOR LEASE
Strip malls

5020 50Th St Lubbock, TX 79414

22,556 SF 1.83 ac lot Built 1984
Individually Owned Absentee Owner Free & Clear
Property ID
US82-2484025
Property summary
AI-generated overview

Yorktown Plaza, located at 5020 50th St, Lubbock, TX 79414, presents a prime retail opportunity. This 22,247 square foot strip center sits on a 1.83-acre lot and offers excellent visibility and accessibility. The property enjoys a strategic location between Thai Thai restaurant and Champs Sports Bar & Grill, benefitting from the high traffic generated by these established businesses. Its proximity to the intersection of 50th Street and Slide Road ensures significant exposure to a large customer base. Currently, one retail space is available for lease, measuring 5,160 square feet. This space is ideal for a variety of retail uses, providing ample room for a business to thrive in a well-established commercial area. The property's multiple tenancy structure creates a vibrant and diverse shopping environment, attracting a wide range of customers. This presents a unique opportunity to establish a presence in a bustling Lubbock commercial hub. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access for their customers. Interested parties are encouraged to inquire about lease terms and availability.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 22,556 SF
Lot 1.83 ac (79,686 SF)
Zoning code 38
APN R87137
UPID US82-2484025
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
  • Lubbock Cryo Recovery Physician Alternative Medicine Practice
  • Stripe Show Club Fitters Lubbock Golf Course
  • 806 Splatter Training Center (Bike/Boat/Book/etc) Store
  • Robert Spence Agency Marketing & Advertising Employment Agency
  • CreativeMagic Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$605k
Owner & transaction history
NANCY J LAWSON
NANCY J LAWSON
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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