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402 50th St 4,800 SF Specialty Building Offered at $189,000 in Lubbock, TX 79404
INVESTMENT HIGHLIGHTS
- OH Doors
- Added Billboard Income
- Multi-Unit Storgae
EXECUTIVE SUMMARY
This 4,800 SF commercial property presents a versatile investment opportunity in one of Lubbock's established heavy commercial zones (HC). The building contains 16 individual units, with three currently leased and generating income. The property also benefits from additional revenue through a leased on-site billboard. Recent exterior upgrades include fresh paint, a new fence, and gate, improving both appearance and functionality. Gas lines are available on the property, offering expanded utility options for future tenants or redevelopment. This asset is well-suited for investors seeking value and long-term upside.
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | R78459 | Improvements Assessment | $55,596 |
| Land Assessment | $9,410 | Total Assessment | $65,006 |
PROPERTY TAXES
Parcel Number
R78459
Land Assessment
$9,410
Improvements Assessment
$55,596
Total Assessment
$65,006
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402 50th St
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