Property profile & analytics
6507 82nd St Lubbock, TX 79424-7008
- Commercial real estate
- 8,007 SF
- 0.99 lot acres
OFF-MARKET
Value Estimations
$550,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US83-1215718
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
- Firestone Complete Auto Care / (Bike/Boat/Book/etc) Store / Auto Parts Store
Property Details for 6507 82nd St
- Year built
- 2017
- Lot size
- 0.99 lot acres
- Property size
- 8,007 SF
- Property type
- Commercial real estate
- APN
- R329311
- APU
- R329311
Description
This exceptional investment opportunity presents a 7,700 square foot auto shop located at 6507 82nd St, Lubbock, TX 79424. The property sits on a one-acre lot and is currently leased to Firestone Complete Auto Care under an Absolute NNN ground lease with a corporate guarantee from Bridgestone Retail Operations, LLC. The lease boasts a 20-year primary term, with 13 years remaining until July 1, 2037. Seven five-year renewal options are included, each with an 8% rent increase. The primary term includes rent bumps
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $495,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $607,000
Market price range: $286k - $779k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $520,000 Current use
- RESTAURANT
- $800,000 Change: +53% Conversion: Difficult
- OFFICE BUILDING
- $740,000 Change: +42% Conversion: Easy
- AUTO REPAIR, GARAGE
- $705,000 Change: +35% Conversion: Difficult
- WAREHOUSE, STORAGE
- $420,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.958
- Latitude
- 33.519
- 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
$28,520
$387,648
$1,093,340
$1,480,988
-
$387,648
$1,093,340
$1,480,988
