301 5thWolfforth, TX 79382

  • Healthcare properties
  • 25,068 SF
Off market
$2,420,000 Estimated

Property Details for 301 5th

Year built
1990
Lot size
3.30 AC
Property size (Sq ft)
25,068 SF
Zone code
18
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
R86664
APU
R86664

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,635,382
    6.5%
    $3,355,737
    7%
    $3,116,041
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,571,943
    Geo Method
    $3,468,609
  • Alternative Use

    Use
    Valuation
    Residential
    $4,256,894
    Hospitality
    $3,899,292
    Educational
    $3,244,165
    Medical
    $3,355,737
    Retail
    $5,046,479
301 5th, Wolfforth, Texas

Location Insight

City
Wolfforth
County
Lubbock
State
Texas
Latitude
33.5047
Longitude
-102.008
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,971,250
  • Assessed land value
    $28,750
  • Assessed value
    $2,000,000
  • Tax year
    2023
  • Tax bill
    $42,222

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