6624 Interstate 27Lubbock, TX 79404

  • Hospitality properties
  • 133,175 SF
Off market
$3,388,000 Estimated

Property Details for 6624 Interstate 27

Year built
1975
Lot size
4.74 AC
Property size (Sq ft)
133,175 SF
Zone code
38
Property type
Hospitality properties
Property subtype
Motels
APN
R45760
APU
R45760

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,441,448
    6.5%
    $20,715,182
    7%
    $19,235,526
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,921,222
    Geo Method
    $37,655,496
  • Alternative Use

    Use
    Valuation
    Residential
    $22,614,960
    Hospitality
    $20,715,182
    Educational
    $17,234,788
    Medical
    $17,827,520
    Retail
    $26,809,670
6624 Interstate 27, Lubbock, Texas

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5322
Longitude
-101.846
CBSA code
31180
CBSA name
LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,427,994
  • Assessed land value
    $372,006
  • Assessed value
    $2,800,000
  • Tax year
    2023
  • Tax bill
    $50,189

Property Visit Statistics

  • Visits by month
    4.8k
  • Visitors by month
    2.1k
  • Avg Time on site
    318 min

FAQs

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