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Urban Development site - 19th 1808 19th St 909 pi² 100% Loué Bureau Immeuble Lubbock, TX 79401 558 367 $ CAD (614,26 $ CAD/pi²) 6,75% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- ~40,000+ vehicles AADT
RÉSUMÉ DE L'ANNONCE
Welcome to a compelling mixed-use commercial and land investment opportunity in the heart of Lubbock’s Overton / South 19th Street corridor. This offering combines adjoining commercial parcels along 19th Street with a contiguous infill lot on Avenue R — creating flexibility, scale, and development potential in an increasingly active urban node.
Property Overview
Address(s): 1808-1812 19th Street, Lubbock, TX & 1814 Avenue R, Lubbock, TX
The structure on 19th Street sits on a compact commercial lot; the Avenue R parcel is deeper and offers expansion or buffer opportunity.
Situated in Lubbock’s urban core, the site benefits from street frontage, vehicular visibility, and connectivity to nearby commercial corridors and residential density.
Key Features & Strengths
Built-in Presence + Land Scalability: The existing structure on 19th Street can generate immediate occupancy or lease income, while the blank land parcel offers room for development. Seller has existing plans for Multifamily project.
Because the parcels straddle 19th Street and Avenue R, they provide frontage, ingress/egress flexibility, and multiple access possibilities.
19th Street is an established traffic artery; any retail or service business would enjoy exposure to both vehicular and pedestrian flow.
Infill lots are scarce in the area; this offering allows for densification, vertical development, or mixed-use assemblage.
The commercial building and lot can support integrated or complementary operations—retail + office, creative space + parking, or phased rollout.
Potential Uses:
Multifamily, Boutique retail, café, or quick-service food & beverage,
Mixed-use conversion (retail frontage + offices / apartments behind)
Small-scale redevelopment or densification
Owner-user scenario combining business and land control
Investment Considerations
Opportunity to capture upside from land value appreciation
Ability to reposition or repurpose based on market demand
Modular development possibilities (build on Avenue R lot first, expand into 19th Street parcel later)
Leverage existing structure during permitting / redevelopment phases
Property Overview
Address(s): 1808-1812 19th Street, Lubbock, TX & 1814 Avenue R, Lubbock, TX
The structure on 19th Street sits on a compact commercial lot; the Avenue R parcel is deeper and offers expansion or buffer opportunity.
Situated in Lubbock’s urban core, the site benefits from street frontage, vehicular visibility, and connectivity to nearby commercial corridors and residential density.
Key Features & Strengths
Built-in Presence + Land Scalability: The existing structure on 19th Street can generate immediate occupancy or lease income, while the blank land parcel offers room for development. Seller has existing plans for Multifamily project.
Because the parcels straddle 19th Street and Avenue R, they provide frontage, ingress/egress flexibility, and multiple access possibilities.
19th Street is an established traffic artery; any retail or service business would enjoy exposure to both vehicular and pedestrian flow.
Infill lots are scarce in the area; this offering allows for densification, vertical development, or mixed-use assemblage.
The commercial building and lot can support integrated or complementary operations—retail + office, creative space + parking, or phased rollout.
Potential Uses:
Multifamily, Boutique retail, café, or quick-service food & beverage,
Mixed-use conversion (retail frontage + offices / apartments behind)
Small-scale redevelopment or densification
Owner-user scenario combining business and land control
Investment Considerations
Opportunity to capture upside from land value appreciation
Ability to reposition or repurpose based on market demand
Modular development possibilities (build on Avenue R lot first, expand into 19th Street parcel later)
Leverage existing structure during permitting / redevelopment phases
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Condition de vente
Ventes de portefeuille
Type de propriété
Taille du bâtiment
909 pi²
Classe d’immeuble
C
Année de construction
1940
Prix
558 367 $ CAD
Prix par pi²
614,26 $ CAD
Taux de capitalisation
6,75%
Revenu net d’exploitation
37 690 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
909 pi²
Coefficient d’occupation des sols de l’immeuble
0,45
Taille du lot
0,05 AC
Stationnement
8 places (8,8 places par 1 000 pi² loué)
COMMODITÉS
- Affichage
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- FIN DU BAIL
- Art For Goodness Sake Fine Arts Gallery & Studio
- Détaillant
- -
- -
- -
- Blvckmoon Studios
- Détaillant
- -
- -
- -
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | FIN DU BAIL | ||
| Art For Goodness Sake Fine Arts Gallery & Studio | Détaillant | - | - | - | ||
| Blvckmoon Studios | Détaillant | - | - | - |
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Walk Score®
Très pratique à pied (75)
Impôts fonciers
| Numéro de lot | R313894 | Évaluation des bâtiments | 64 555 $ CAD |
| Évaluation du terrain | 5 920 $ CAD | Évaluation totale | 70 474 $ CAD |
Impôts fonciers
Numéro de lot
R313894
Évaluation du terrain
5 920 $ CAD
Évaluation des bâtiments
64 555 $ CAD
Évaluation totale
70 474 $ CAD
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Présenté par
Cares TX
Urban Development site - 19th | 1808 19th St
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