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402 50th St
Lubbock, TX 79404
Specialty Property For Sale · 4,800 SF

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, along with additional revenue from a leased on-site billboard. The seller is including four adjacent vacant lots to the north, offering significant expansion or redevelopment potential. Recent exterior upgrades include fresh paint, a new fence, and gate, improving both appearance and functionality. Gas lines are available on the property, providing expanded utility options for future tenants or development. Seller financing is available with 25% down, creating an attractive entry point for investors. Estimated costs: approximately $95/month for taxes, $100/month for insurance, and $21/month for electric.

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 0.36 AC
Building Size 4,800 SF
No. Stories 1
Year Built/Renovated 1964/2025
Parking Ratio 1.25/1,000 SF
Zoning HC - Heavy Commercial

Property Taxes

Property Taxes

Parcel Number
R78459
Land Assessment
$12,851 CAD
Improvements Assessment
$75,925 CAD
Total Assessment
$88,776 CAD
  • Listing ID: 36395340

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 402 50th St, Lubbock, TX 79404

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