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5707 4Th St Lubbock, TX 79416

Strip malls Google Maps
9,450 SF 1.7 ac lot Built 1999
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$475k
Range $428k – $523k (±10%)
Property ID US82-3211947

Property summary

AI-generated overview

This exceptional 2,030 square foot retail property, located at 5707 4th Street in Lubbock, Texas, presents a unique opportunity for a discerning business owner. Built in 1999, this single-story, single-tenant building sits on a sizable lot within a C2 zoned area of Lubbock County (APN R140047). The entire 2,030 square feet is currently vacant, offering immediate occupancy for a new tenant. The property's classification as both retail and restaurant allows for a wide range of potential uses, making it ideal for a variety of businesses. Its location in Lubbock, Texas, zip code 79416, provides excellent visibility and accessibility. The property's single-tenant nature simplifies management and offers a straightforward investment opportunity. The building's 1999 construction suggests a relatively modern structure, potentially minimizing immediate maintenance needs. This property is a blank canvas, ready for a business to establish its presence in a thriving Lubbock community. The property's size and zoning make it suitable for a variety of retail or restaurant concepts. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 9,450 SF
Lot 1.7 ac (74,235 SF)
Zoning code 38
APN R140047
UPID US82-3211947

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
  • Insurance Agency
  • Restaurant
  • Loan Service
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2015
1 recorded transaction
2015
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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