Retail Space / Texas / Lubbock / 79414 / 5217 50th St

5217 50th St

Q: What is the asking price for 5217 50th St in Lubbock?

The asking price for 5217 50th St is $690,000

Q: What is the building size of this Retail property in Lubbock, TX?

The size of the building/unit at 5217 50th St in Lubbock is 7,240 square feet.

Q: How much land does the Lubbock, TX property at 5217 50th St include?

5217 50th St in Lubbock includes 1.087 acres of land.

Q: What is the population within 1 mile of 5217 50th St?

The population within 1 mile of 5217 50th St Lubbock, TX 79414 is 16,934 people.

Q: Who do I contact for questions about 5217 50th St?

You should contact the listing agent, David Haymes, for any details regarding this commercial listing.

Lubbock, TX 79414

Listing ID: 161984

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5217 50th St Lubbock, TX 79414 | for Sale | Photo 1

Building Size: 7,240 SF

Lot Size: 1.087 AC

Land Size: 47,349 SF

Building $/SF: $95.30

Land $/SF: $14.57

Price

$690,000

Description

Description
This property is currently occupied by Town South Floral and Panache Salon. Town South will execute a three-year lease at closing. Panache is occupied by multiple stylist that pay a weekly booth rent. Many of the stylists are long term tenants with some in place over 20 years. Gross income of $94,818 with flower shop lease back and cap rate of 8.7%

Highlights

Long Term Tenants in Place
Oversize Parking Lot with Over 60 Spaces

Numerous Recent Updates Including HVAC, Electrical, & Parking Lot Seal Coat
Value Add Opportunity as Vacant Stylist Booths Are Rented

50th Street Frontage

Attachments & Files

salebrochure-57-9VX.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Lubbock History of Retail Space for Sale

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Listing Demographics for 5217 50th St Lubbock, TX 79414

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		16,934	101,289	219,374
Population Median Age		34	37	34
Population by Age	0-9 Yrs	2575 (15%)	12627 (12%)	27515 (12%)
	10-19 Yrs	1776 (10%)	12950 (12%)	33113 (15%)
	20-29 Yrs	4674 (27%)	22227 (21%)	51092 (23%)
	30-39 Yrs	2433 (14%)	12856 (12%)	28169 (12%)
	40-49 Yrs	1394 (8%)	9546 (9%)	21078 (9%)
	50-59 Yrs	1442 (8%)	10830 (10%)	22572 (10%)
	60-69 Yrs	1100 (6%)	9701 (9%)	17986 (8%)
	70+ Yrs	1541 (9%)	10550 (10%)	17849 (8%)

Median HH Income		$40,543	$50,490	$49,254
Total Household Income	< 24K	1949 (26%)	9231 (22%)	21100 (25%)
	25-49K	2565 (34%)	11512 (27%)	21547 (25%)
	50-74K	1361 (18%)	7383 (17%)	14642 (17%)
	75-99K	754 (10%)	4904 (11%)	9995 (11%)
	100-199K	692 (9%)	6846 (16%)	13295 (15%)
	200K+	46 (0%)	1946 (4%)	3433 (4%)

Highest Education Level	No Diploma	1408	5876	16143
	Diploma or GED	2451	14359	30827
	Some College	2854	15846	31009
	Assoc. Degree	550	4303	7995
	Bachelors Degree	1647	13218	25000
	Higher Degree	1106	8415	15224

Total Housing Units		8,043	45,990	93,581
--Owner-Occupied		2,623	21,630	42,729
--Renter-Occupied		4,744	20,192	41,282
Owner-Occupied Values	< 100K	1329	5492	12947
	100-199K	1235	10411	19178
	200-299K	46	3106	5842
	300-399K	0	1341	2348
	400-499K	0	604	1157
	500K+	13	676	1256

Total Working Age Population		13,229	80,732	175,340
In Work Force		9,364	55,034	115,797
Not In Work Force		3,865	25,698	59,542
Workforce Employed		8,932	53,091	110,960
Workforce Unemployed		420	1,905	4,691
Civlian Workforce		9,353	54,996	115,651
Military Workforce		11	38	146

Total Households		7,367	41,822	84,011
Family Households		3,785	24,294	49,669
Non-Family Households		3,582	17,528	34,342
Married Couple		2,338	17,128	34,100
Other Family		1,447	7,166	15,569
Married w/Child		1,045	6,448	13,828
Single Male w/Child		244	1,006	2,247
Single Female w/Child		747	3,190	5,967

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Lubbock County	242,628	+15	278,831	+14	317,210	+16	367,552

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 5217 50th St in Lubbock?

The asking price for 5217 50th St is $690,000

What is the building size of this Retail property in Lubbock, TX?

The size of the building/unit at 5217 50th St in Lubbock is 7,240 square feet

How much land does the Lubbock, TX property at 5217 50th St include?

5217 50th St in Lubbock includes 1.087 acres of land

What is the population within 1 mile of 5217 50th St in Lubbock?

The population within 1 mile of 5217 50th St Lubbock, TX 79414 is 16,934 people.

Who do I contact for questions about 5217 50th St?

You should contact the listing agent, David Haymes, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
Slide Rd, Lubbock, TX	$1,000,000	2524	-
4926 50th Street, Lubbock, TX	CALL	2065	0.3
4636 50th Street, Lubbock, TX	$650,000	3509	0.64
4519 50th St, Lubbock, TX	$1,925,000	25370	1.82
5902 W Loop 289, Lubbock, TX	$925,000	6344	1.31
4410 50th St, Lubbock, TX	$425,000	4221	0.23
6015 45th St, Lubbock, TX	$3,900,000	51001	3.39
5135-5137 69th Street, Lubbock, TX	$1,000,000	12906	1.35
4622 34th Street, Lubbock, TX	$250,000	3120	0.17
5820 66th Street, Lubbock, TX	$599,000	3600	0.46

Closest Commercial Airports

Airport	Distance (mi)
Lubbock Preston Smith International Airport (LBB)	10
Rick Husband Amarillo International Airport (AMA)	116
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS)	199