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Property profile & analytics
OFF-MARKET
Retail space

8116 19th St Lubbock, TX 79407-4104

4,000 SF 0.82 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-0353662
Property summary
AI-generated overview

This exceptional retail opportunity presents a 4,245-square-foot storefront located at 8116 19th Street in Lubbock, Texas, 79407. Situated on a substantial 13.82-acre lot, this property boasts prime frontage and excellent visibility on West 19th Street, between Alcove Avenue and FM 179, experiencing traffic counts exceeding 15,000 vehicles per day. The building, formerly a well-established retail store, features newly updated LED lighting throughout, a three-phase electrical system, and a well and septic system. Two HVAC units were replaced within the last four years, ensuring efficient climate control. The expansive acreage surrounding the building offers significant potential for various uses, complementing the existing retail space. This move-in-ready property is priced at $700,000 and presents a rare combination of established retail space and significant land potential in a high-traffic location. The property's history as a successful retail establishment, coupled with its modern updates and ample land, makes it an attractive investment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Total area 4,000 SF
Lot 0.82 ac (35,850 SF)
Zoning code 17
APN R37291
UPID US82-0353662
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
  • Wild West Vintage Decor Home Decor Store (Bike/Boat/Book/etc) Store
  • Jackalope Junk Clothing Store
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
Wild West Vintage LLC · 9 yrs held
Wild West Vintage LLC
since 2017
4 recorded transactions
2024
Price N/A
2022
Price N/A
2017
Price N/A
2006
$105,000
Zoning & alternative use
17 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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