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    5520 126Th St Lubbock, TX 79424

    For Sale
    $1,499,000

    LAND - Lubbock, TX

    Lot size:
    8.05 Acres
    Days on Market:
    305
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for 5520 126Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R68993
    Lot size
    8.05 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank, Public Sewer
    Water source
    Private, Well

    Building Details

    Additional Structures
    Workshop

    Kendra Sutherland, REALTORS (806) 798-0947

    Listing agent Taylor Salley (806) 787-2939 License #0616997

    Listing date Feb 11, 2025

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Development Land For Sale

    This property consists of 8.05 acres situated on 126th Street, between Slide Road and Frankford Avenue, within the Loop 88 area. Currently designated as county property on the tax roll, it is offered as land ready for development. The property is considered highly desirable for multifamily townhomes, duplexes, or an apartment complex. Basic format renderings are available for consideration of an office complex, multi-use warehouses, or warehouses with stackyards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.933964
    Latitude
    33.480449

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    FAQs

    What type of property is this?
    Commercial land - 8.05 acres of development land inside Loop 88.
    Where is this commercial land located?
    The property is located at 5520 126Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - 8.05 acres of development-ready land inside Loop 88.; - Highly desirable location for multifamily townhomes, duplexes, or apartments.; - Potential for office complex, multi-use warehouses, or warehouses with stackyards.
    (806) 787-2939
    Request Owner's contact information
    5520 126Th St Lubbock, TX 79424
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    Lubbock, TX 79424
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5520 126Th St Lubbock, TX 79424
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