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    15813 Loop 493 Lubbock, TX 79423

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    For Sale
    $1,000,000

    11.55 acres of land for sale in Lubbock, TX.

    Lot size:
    11.55 Acres

    Property Features for 15813 Loop 493

    General Information

    Lot size
    11.55 Acres
    Source: Moodyscre

    Listing Agent: Mark Oatman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Land Development Opportunity

    This 11.55-acre tract of land is located directly east of Lubbock Cooper High School, just off Loop 493 and Highway 87. The property has been recently prepared and is ready for development. This property offers opportunities for various uses in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Storage Facility Cafe & Coffee Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.843741
    Latitude
    33.451659

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    FAQs

    What type of property is this?
    Land - 11.55 acres of land for sale in Lubbock, TX.
    Where is this land located?
    The property is located at 15813 Loop 493 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime development opportunity on 11.55 acres.; - Located directly east of Lubbock Cooper High School.; - High-traffic area, ready for development.
    (806) 543-8568
    Request Owner's contact information
    15813 Loop 493 Lubbock, TX 79423
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    Lubbock, TX 79423
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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
    15813 Loop 493 Lubbock, TX 79423
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