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Property profile & analytics
OFF-MARKET Estimated value $290,000
Strip malls

5718 4th St Lubbock, TX 79416-4242

7,140 SF 0.78 ac lot Built 1985
Entity Owned Free & Clear
Property ID
US82-3171145
Property summary
AI-generated overview

This exceptional 1,745 square foot retail end-cap space is situated within a well-established shopping center in northwest Lubbock, Texas. Located at 5718 4th Street, 79416, this Class B property, built in 1985, offers high visibility and accessibility on a major commercial thoroughfare near the intersection of 4th Street and Frankford Avenue. The center enjoys a shadow anchor of Walmart, significantly boosting foot traffic and visibility. Currently occupied by a nail salon, this versatile space is ideal for a variety of retail uses. The property's prime location provides convenient access to downtown Lubbock, Texas Tech University, and Lubbock Christian University via major roadways including 4th Street, North Loop 289, and West Loop 289. The surrounding area is experiencing significant growth, with numerous new businesses establishing themselves nearby. Nearby amenities include Alamo Drafthouse Cinema, Chick-fil-A, and a recently opened Raising Cane's. The total building size is 7,025 square feet, with a minimum divisible space of 1,745 square feet. This presents a fantastic opportunity for businesses seeking a high-traffic location in a thriving area of Lubbock. The property's strategic placement and strong surrounding businesses make it an attractive investment for retail ventures. The space is ready for immediate occupancy.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 7,140 SF
Lot 0.78 ac (33,967 SF)
Zoning code 38
APN R110466
UPID US82-3171145
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Endzone Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
  • Affordable Local Junk Removal Texas Waste Management Facility
  • Fancy Nails & Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
LLANO FRANKFORD IV LLC
LLANO FRANKFORD IV LLC
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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