704 Hwy 62-82Wolfforth, TX 79382

  • Retail properties
  • 10,000 SF
Off market
$574,750 Estimated

Property Details for 704 Hwy 62-82

Year built
1998
Lot size
0.69 AC
Property size (Sq ft)
10,000 SF
Property type
Retail properties
Property subtype
Strip malls
APN
R323600
APU
R323600

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,180,876
    6.5%
    $2,013,116
    7%
    $1,869,322
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,248,249
    Geo Method
    $3,032,064
  • Alternative Use

    Use
    Valuation
    Residential
    $1,698,139
    Hospitality
    $1,555,486
    Educational
    $1,294,146
    Medical
    $1,338,654
    Retail
    $2,013,116
704 Hwy 62-82, Wolfforth, Texas

Location Insight

City
Wolfforth
County
Lubbock
State
Texas
Latitude
33.501
Longitude
-102.016
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $415,148
  • Assessed land value
    $59,852
  • Assessed value
    $475,000
  • Tax year
    2023
  • Tax bill
    $10,321

FAQs

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