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Property profile & analytics
FOR SALE
Office buildings

5929 50Th St Lubbock, TX 79424

4,684 SF 0.49 ac lot Built 2004
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-3092818
Property summary
AI-generated overview

This exceptional Class A commercial property, totaling 4,684 square feet, seamlessly blends office and warehouse space. Built in 1977 and renovated in 2004, the single-story building sits on a 21,466 square foot lot and boasts a convenient single-tenant occupancy. The office area features a reception area and five individual offices, ideal for a variety of businesses. The warehouse component includes two 10' x 10' overhead doors, facilitating efficient loading and unloading. Adding to its functionality is a secure, fenced stackyard, perfect for storage or equipment. The property offers ample parking with 20 spaces available. Its prime location on 50th St provides excellent access to the Marsha Sharp Freeway and West Loop 289, ensuring easy commutes throughout Lubbock and the surrounding areas. The property is zoned commercial and is available for lease beginning February 15, 2025. This property is perfect for service providers, contractors, wholesalers, or any business requiring both office and warehouse space with secure outdoor storage.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 4,684 SF
Lot 0.49 ac (21,466 SF)
Zoning code 17
APN R33406
UPID US82-3092818
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
  • Rowe Heating & Air Conditioning, Inc. Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bryan Robin Rowe · 6 yrs held
Bryan Robin Rowe
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
17 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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