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    I-27 & Regis St Lubbock, TX 79403

    For Sale
    $579,785

    Prime Lubbock Land, 1.21 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.21-acre land parcel boasts a highly desirable location at the intersection of I-27 and Regis Street in Lubbock, Texas. The property features approximately 161 feet of frontage, providing excellent visibility and accessibility. This makes it ideal for a variety of commercial developments. The asking price is $579,785, translating to a land value of $479,161 per acre. The property's location in Lubbock County, Texas, zip code 79403, offers easy access to major transportation routes and a thriving local economy. The APN is R325774. Easements are in place, with a 30-foot easement at the front and a 20-foot easement at the rear of the property. This strategic location and generous lot size present a unique opportunity for investors and developers seeking a prime commercial site in a rapidly growing area. The property's high visibility and convenient access make it an attractive investment for businesses seeking a strong presence in the Lubbock market. Serious inquiries are encouraged to explore the potential of this exceptional land offering.

    Property Features for 0 I-27 & Regis St

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • 161 feet of frontage.
    • 1.21‑acre lot.
    • 30‑foot front and 20‑foot rear easements.
    • Prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8351546
    Latitude
    33.6431868

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    FAQs

    What type of property is this?
    Land - Prime Lubbock Land, 1.21 Acres
    Where is this land located?
    The property is located at I-27 & Regis St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $579,785.
    What are key features of this property?
    This property features: 161 feet of frontage.; 1.21-acre lot.; 30-foot front and 20-foot rear easements.
    Request Owner's contact information
    I-27 & Regis 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
    I-27 & Regis St Lubbock, TX 79403
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