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    13802 Indiana Ave Lubbock, TX 79423

    For Sale
    $3,219,084

    Prime commercial development opportunity in booming Lubbock, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.52 to 6.59-acre commercial land tract is ideally situated on the west side of 138th Street and Indiana Avenue in Lubbock, Texas, within the desirable Cooper School District. The property boasts a prime location in rapidly growing south Lubbock, offering unparalleled accessibility with its proximity to the upcoming Trinity Christian School south campus and a half-mile distance from the future Loop 88. This strategic positioning ensures high visibility and convenient access for potential businesses. Surrounded by a mix of thriving new commercial and residential developments, this tract presents a unique opportunity for a variety of commercial ventures, including retail, dining, or office spaces. The property is development-ready, with readily accessible utilities. The asking price ranges from $3,219,084, with land value ranging from $8 to $12 per square foot. This presents a compelling investment opportunity in a dynamic and expanding area of Lubbock. The permitted zoning is commercial, ensuring flexibility for a wide range of development plans. Don't miss this chance to secure a prominent location in one of Lubbock's most promising commercial corridors.

    Property Features for 13802 Indiana Ave

    General Information

    Property type
    Land
    Lot Size
    66,211 SF

    HighLights

    • 1.52 to 6.59‑acre commercial land tract in south Lubbock, Texas.
    • Prime location on 138th Street and Indiana Avenue, within the Cooper School District.
    • High visibility and accessibility near the future Loop 88 and Trinity Christian School's south campus.
    • Development‑ready with readily accessible utilities and commercial zoning.
    • Asking price: $3,219,084+, land value: $8-$12/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8881455
    Latitude
    33.4684963

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    FAQs

    What type of property is this?
    Land - Prime commercial development opportunity in booming Lubbock, TX
    Where is this land located?
    The property is located at 13802 Indiana Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $3,219,084.
    What are key features of this property?
    This property features: 1.52 to 6.59-acre commercial land tract in south Lubbock, Texas.; Prime location on 138th Street and Indiana Avenue, within the Cooper School District.; High visibility and accessibility near the future Loop 88 and Trinity Christian School's south campus.
    (806) 784-3298
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    13802 Indiana Ave 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
    13802 Indiana Ave Lubbock, TX 79423
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