Property profile & analytics
5024 50th St Lubbock, TX 79414
- Turn key restaurants
- 3,680 SF
- 1.12 lot acres
OFF-MARKET
Value Estimations
$240,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US83-3799140
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
- Turn key restaurants
Property Details for 5024 50th St
- Year built
- 1974
- Lot size
- 1.12 lot acres
- Property size
- 3,680 SF
- Property type
- Turn key restaurants
- APN
- R161882
- APU
- R161882
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $295,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $183,000
Market price range: $183k - $315k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $245,000 Current use
- AUTO REPAIR, GARAGE
- $325,000 Change: +31% Conversion: Difficult
- OFFICE BUILDING
- $320,000 Change: +29% Conversion: Moderate
- RETAIL STORES
- $235,000 Change: -5% Conversion: Easy
- COMMERCIAL (GENERAL)
- $215,000 Change: -14% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.92
- Latitude
- 33.5493
- 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
$9,401
$243,275
$132,877
$376,152
-
$243,275
$132,877
$376,152
