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    2801 Broadway St Lubbock, TX 79403

    For Sale
    $164,600

    2.84 Acres, Utilities Available, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 2.841-acre commercial property, located at 2801 E Broadway Street in Lubbock, Texas, presents a unique investment opportunity. The land boasts convenient access to all City of Lubbock utilities and natural gas, eliminating infrastructure hurdles for potential development. A recently installed heavy-duty cyclone fence, topped with barbed wire, ensures security and clearly defines the property boundaries. The acreage is thoughtfully subdivided into two sections: an eastern one-third and a larger western two-thirds, offering flexibility for various development plans. Its strategic location offers significant advantages, particularly considering the recent growth of manufacturing activity east of Loop 289 on 19th Street. This prime location makes it ideal for a variety of commercial ventures, including but not limited to, recreational vehicle parks (RVPs), manufactured home parks (MHPs), or a convenience store (C-store). The property's size, utility access, and strategic placement near burgeoning industrial development make it a compelling investment prospect with substantial future potential. The existing fencing provides immediate security and reduces initial development costs. This is a rare opportunity to acquire a sizable, well-situated parcel in a rapidly developing area of Lubbock. Serious inquiries are encouraged.

    Property Features for 2801 Broadway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    123,710 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8061
    Latitude
    33.58547

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    FAQs

    What type of property is this?
    Commercial real estate - 2.84 Acres, Utilities Available, High Visibility
    Where is this commercial real estate located?
    The property is located at 2801 Broadway St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $164,600.
    (806) 771-3900
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    2801 Broadway St Lubbock, TX 79403
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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
    2801 Broadway St Lubbock, TX 79403
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