Property profile & analytics
5309 50th St, Unit 3 Lubbock, TX 79414-1817
- Commercial real estate
- 8,000 SF
- 0.92 lot acres
OFF-MARKET
Value Estimations
$515,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-6018719
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
- Family Dollar / Discount Store
- Primo Water Refill / Big Box & Wholesale Store
Property Details for 5309 50th St
- Year built
- 2012
- Lot size
- 0.92 lot acres
- Property size
- 8,000 SF
- Property type
- Commercial real estate
- APN
- R321238
- APU
- R321238
Description
This exceptional 1.25-acre commercial lot in Lubbock, Texas, presents a prime retail investment opportunity. Located at 5309 50th St, Lubbock, TX 79414, this property boasts a highly desirable C-3 zoning, allowing for maximum retail development. Situated near the hard corner of Slide Road and 50th Street, this site benefits from exceptional visibility and accessibility, experiencing daily traffic exceeding 17,000 vehicles. The expansive lot size provides ample space for a variety of retail uses, making it an ideal location for businesses seeking high visibility and significant foot traffic. The asking price for this strategically located commercial land is $766,458. This property's prime location and zoning make it a compelling investment for those seeking a high-return retail venture in a thriving Lubbock market. The property's coordinates are 33.5486899464066 latitude and -101.92524461484423 longitude. Don't miss this chance to acquire a highly visible and accessible commercial lot in a bustling area of Lubbock.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $579,000
Market price range: $208k - $782k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $465,000 Current use
- AUTO REPAIR, GARAGE
- $705,000 Change: +51% Conversion: Difficult
- OFFICE BUILDING
- $690,000 Change: +49% Conversion: Easy
- RESTAURANT
- $540,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $510,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $395,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.926
- Latitude
- 33.5483
- 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
$17,270
$199,910
$729,182
$929,092
-
$199,910
$729,182
$929,092
