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2163 50th St
Lubbock, TX 79412
Office Property For Sale
Executive Summary
Situated at the high-visibility corner of 50th Street and Avenue W, this property offers a prime redevelopment opportunity. Included in the sale is the adjacent property at 2167 50th Street, making this a valuable package deal.
Previously a gas station and then a restaurant, 2167 50th, presents endless possibilities. Just 6 minutes from Texas Tech and surrounded by retail and dining, this location is ideal for a new restaurant or commercial venture. Positioned just east of a multi-family development, this is a fantastic investment opportunity in a growing area!
Previously a gas station and then a restaurant, 2167 50th, presents endless possibilities. Just 6 minutes from Texas Tech and surrounded by retail and dining, this location is ideal for a new restaurant or commercial venture. Positioned just east of a multi-family development, this is a fantastic investment opportunity in a growing area!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
3,459 SF
Building Class
C
Year Built
1961
Price
$199,000
Price Per SF
$57.53
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,459 SF
Building FAR
0.23
Lot Size
0.34 AC
Zoning
HC - Heavy Commercial
Parking
20 Spaces (5.78 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R124685 | Improvements Assessment | $137,090 |
| Land Assessment | $74,910 | Total Assessment | $212,000 |
Property Taxes
Parcel Number
R124685
Land Assessment
$74,910
Improvements Assessment
$137,090
Total Assessment
$212,000
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