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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5501 130Th St Lubbock, TX 79424

    • Commercial real estate
    • 2.29 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9152904
    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

    • Commercial real estate

    Property Details for 5501 130Th St

    Lot size
    2.29 lot acres
    Property type
    Commercial real estate
    APN
    R324100

    Description

    This exceptional 2.29-acre commercial/industrial land parcel in Lubbock, Texas, presents a unique investment opportunity. Located at 5501 130th Street, this property boasts a strategic position at the corner of 130th Street and Chicago Avenue, offering unparalleled visibility and accessibility. The land is currently zoned Transitional, providing flexibility for a variety of commercial and industrial uses. A significant advantage is its proximity to the future Loop 88 access road, promising increased traffic flow and enhanced property value. With a total acreage of approximately 3.058 gross acres (2.293 net acres), this site offers ample space for development. The asking price is $997,524, translating to $435,600 per acre, reflecting the land's prime location and future development potential. The property's APN is R324100. This is an ideal opportunity for investors seeking high-growth potential in a rapidly developing area of Lubbock, Texas. The location provides easy access to major transportation routes, making it an attractive site for businesses requiring convenient logistics. Don't miss this chance to secure a piece of Lubbock's thriving commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9315979
    Latitude
    33.475504

    Comparable in this City

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      8.00 Acres

      Prime Lubbock Commercial Land

      Highly sought-after Lubbock land, ideal for development.
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    • $275,000
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      Lubbock Industrial Land: $275K

      Prime 0.366-acre industrial lot.
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      1.00 Acre

      South Lubbock Commercial Land

      Prime Lubbock location, ideal for development.
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    • $825,000
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      Office/Warehouse Space For Sale

      3358 SF office/warehouse located south of 82nd Street.
      8349 Upland Ave, Lubbock, TX 79424
      View Details

    Similar Nearby for Sale

    • $3,500,000
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      Prime Lubbock Commercial Land

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    • $675,000
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      50th & Milwaukee Commercial Land

      3.02 Acres, Lubbock, TX - Prime Location
      6050 50Th St, Lubbock, TX 79424
      View Details
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      8.00 Acres

      Prime Lubbock Commercial Land

      Highly sought-after Lubbock land, ideal for development.
      1585 & Upland Hwy, Lubbock, TX 79424
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    • $275,000
      0.37 Acres

      Lubbock Industrial Land: $275K

      Prime 0.366-acre industrial lot.
      0 98Th St, Lubbock, TX 79424
      View Details
    • Contact for pricing
      1.00 Acre

      South Lubbock Commercial Land

      Prime Lubbock location, ideal for development.
      0 114Th St, Lubbock, TX 79424
      View Details
    • $825,000
      3,358 SF

      Office/Warehouse Space For Sale

      3358 SF office/warehouse located south of 82nd Street.
      8349 Upland Ave, Lubbock, TX 79424
      View Details

    Similar Nearby for Lease

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      Lubbock Industrial Flex Space

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      Liberty Park Warehouse: Lubbock, TX

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      Versatile Warehouse Space Available

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    • Contact for pricing
      7,346 SF

      Flexible Office/Industrial Space Available

      7,346 SF flexible space near Woodrow Road and Quaker Avenue.
      4505 Woodrow Rd, Lubbock, TX 79424
      View Details
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    5501 130Th St
    Lubbock, TX 79424
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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