5025 50thLubbock, TX 79414

Off market
  • Strip malls
  • 80,942 SF

Property Details for 5025 50th

Year built
1969
Lot size
6.60 AC
Property size (Sq ft)
80,942 SF
Zone code
38
Property type
Strip malls
Property subtype
Neighborhood centers
APN
R31437
APU
R31437

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,652,442
    6.5%
    $16,294,563
    7%
    $15,130,665
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,197,776
    Geo Method
    $24,542,132
  • Alternative Use

    Use
    Valuation
    Residential
    $13,745,073
    Hospitality
    $12,590,413
    Educational
    $10,475,076
    Medical
    $10,835,330
    Retail
    $16,294,563
5025 50th, Lubbock, Texas

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.548
Longitude
-101.921
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
$80,859
$1,150,348
$2,949,652
$4,100,000
-
$1,150,348
$2,949,652
$4,100,000

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