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5407 4th St Lubbock, TX 79416-4348

OFF-MARKET Strip malls Google Maps
9,903 SF 0.78 ac lot Built 1984
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$340k
Range $306k – $374k (±10%)
Property ID US82-4514630

Property summary

AI-generated overview

This exceptional retail opportunity is located in the thriving Woodhaven Shopping Center in Northwest Lubbock, Lubbock County. The center boasts a total of 9,903 square feet, with a single, immediately available suite of 1,680 square feet. Built in 1984, this locally owned and managed property offers a strong tenant mix, providing excellent synergy and foot traffic. Current co-tenants include established businesses such as George's Restaurant, Allstate Insurance, Sun Belt Finance, Domino's Pizza, Goody's Popcorn, and Edward Jones, among others. The property is a neighborhood center/shopping center with multiple tenants. The asking price is highly competitive at $15.00 per square foot. Utilities are the responsibility of the tenant. This is a rare chance to secure a well-positioned retail space in a stable and successful shopping center. Don't miss this opportunity to establish your business in a prime Northwest Lubbock location. The available space is ready for immediate occupancy.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 9,903 SF
Lot 0.78 ac (33,900 SF)
Zoning code 38
APN R30537
UPID US82-4514630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Veterinary Clinic
  • Physician
  • Veterinary Clinic
  • Take-out & Catering

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2016
Price N/A

Zoning & alternative use

38 · Lubbock, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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