2520 50Th StLubbock, TX 79413

For Lease
  • Commercial real estate
  • 6,212 SF

Property Details for 2520 50Th St

Year built
1977
Lot size
3.23 AC
Property size (Sq ft)
6,212 SF
Zone code
38
Property type
Commercial real estate
APN
R56981
APU
R56981

Description

This exceptional commercial land offering in Lubbock, Texas, presents a unique investment opportunity. Located at 2520 50th St, Lubbock, TX 79413, these tracts range from one to two acres and are situated in Lubbock County. The property boasts excellent visibility and frontage on a high-traffic thoroughfare, with 22,387 vehicles passing daily, ensuring significant exposure for any business. The location offers easy access and proximity to Lonestar Suds, contributing to a thriving commercial redevelopment area near the intersection of 50th Street and University. These single-tenant parcels are available for sale or ground lease, making them suitable for a variety of commercial uses, including quick-service restaurants (QSRs) and freestanding retail establishments. The land's strategic location and high visibility make it an attractive proposition for businesses seeking to establish a strong presence in a growing market. This is a rare opportunity to acquire prime commercial real estate in a desirable Lubbock location. The property is zoned for commercial use and offers significant potential for future development and growth. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,054,884
    Hospitality
    $966,268
    Educational
    $803,923
    Medical
    $831,572
    Retail
    $1,250,548
2520 50Th St, Lubbock, Texas

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5495
Longitude
-101.872
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
$32,530
$704,000
$847,832
$1,551,832
-
$704,000
$847,832
$1,551,832

FAQs

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Please email our support team at [email protected] and they will add the team member.
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