4601 50Th StLubbock, TX 79414

Property Details for 4601 50Th St

Year built

1980

Lot size

2.53 AC

Property size (Sq ft)

35,260 SF

Zone code

38

Property type

Office buildings

APN

R40580

APU

R40580

Description

The Pueblo Building, located at 4601 50th Street in Lubbock, Texas (79414), offers a diverse range of office spaces ideal for various business needs. This two-story building, constructed in 1980, encompasses a total of 35,260 square feet across 37 individual suites. Currently, 7,379 square feet are available for lease, with individual suite sizes ranging from 175 square feet to 1,963 square feet. The property is categorized as Executive Office, Traditional Office, and Medical Office space, providing flexibility for a variety of tenants. The building sits on a substantial 110,097 square foot lot and features adequate parking for tenants and visitors. Modern conveniences include elevators and electric power. The building's location is further enhanced by its proximity to 50th Street. The property's APN is R40580, and it is situated in Lubbock County. This multi-tenant building presents a unique opportunity for businesses seeking versatile and well-located office space in Lubbock, Texas. Inquire today to explore the available suites and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $5,928,620

  6.5%

  $5,472,570

  7%

  $5,081,670

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,145,760

  Geo Method

  $4,242,480

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,378,100

  Retail / Commercial

  $5,399,390

  Mixed-Use / Specialty

  $5,441,250

  Hospitality / Lodging

  $4,071,630

  Institutional / Educational

  $5,678,550

  Residential Income

  $6,643,900

  Multifamily

  $7,629,580

  Automotive / Energy

  $4,867,330

  Parking / Income-Based Land

  $1,619,280

  Restaurant / Food Service

  $2,960,450

  Healthcare / Senior Housing

  $5,517,240

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.548

Longitude

-101.91

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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