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    5815 82Nd St Lubbock, TX 79424
    Property profile & analytics

    5815 82Nd St Lubbock, TX 79424


    • Strip malls
    • 16,451 SF
    • 1.91 lot acres
    Retail Space For Lease For Lease
    $21 SF/Yr
    1,610 SF

    Retail Space For Lease

    Retail space available in a busy Lubbock location.

    5815 82nd St, Lubbock, TX
    View Listing
    Property ID
    US82-3114693
    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.

    Value Estimations
    $620,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Phone Medic of Lubbock | PHONE & COMPUTER REPAIR / Computer & Electronic Repair
    • Roof Pro & Construction / Roofing Company / General Contractor
    • Ironwood Builders / Construction Company / General Contractor
    • Package Plus / (Bike/Boat/Book/etc) Store
    • Lectro Chi / Spa & Massage Center

    Property Details for 5815 82Nd St

    Year built
    2002
    Lot size
    1.91 lot acres
    Property size
    16,451 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    R167742
    APU
    R167742

    Description

    Regal Park Village, a single-story retail strip center in Lubbock County, offers 16,600 square feet of space across nine suites. Currently, 4,896 square feet are available for lease, with two contiguous spaces ranging from 1,360 to 1,610 square feet. This prime retail location boasts a highly visible position on 82nd Street and Frankford Avenue, one of Lubbock's major east-west arteries. The center benefits from exceptional visibility and accessibility, situated directly across from a United Supermarket and next to a CVS Pharmacy. This strategic placement ensures high foot traffic and exposure to a substantial customer base. The 1.5-acre lot provides ample parking for customers and tenants. The surrounding area is densely populated with numerous residential neighborhoods, creating a strong local market for retail businesses. This opportunity is ideal for businesses seeking a well-established location with high visibility and convenient access in a thriving Lubbock community. The property's location ensures easy access for customers and employees alike. The available space presents a unique chance to establish or expand a retail presence in a high-demand area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $530,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $706,000
      Market price range: $385k - $786k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $600,000
      Current use
      WAREHOUSE, STORAGE
      $865,000
      Change: +44% Conversion: Difficult
      RETAIL STORES
      $725,000
      Change: +20% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.941
    Latitude
    33.5191
    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
    $37,693
    $747,243
    $1,941,811
    $2,689,054
    -
    $747,243
    $1,941,811
    $2,689,054
    View Listing
    More about this property
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