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    12823 Indiana Ave Lubbock, TX 79423

    For Lease
    Contact for pricing

    1-Acre Lot, High Visibility, Loop 88 Access

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial lot presents a unique investment opportunity in Lubbock, Texas. Located at 12823 Indiana Ave, this property boasts a highly desirable location on the hard corner of Indiana Avenue and the newly constructed Loop 88. The site offers unparalleled visibility and convenient access via the service road, making it ideal for a variety of commercial uses. Its strategic position places it within close proximity to numerous retail establishments, elementary schools, and established residential neighborhoods, ensuring a strong customer base and high traffic volume. The property's one-acre size (43,560 square feet) provides ample space for development, while its proximity to Interstate 27 (less than 3 miles) guarantees easy access to major transportation arteries. Lubbock County zoning regulations should be independently verified to determine allowable uses. This is a single-tenant property, offering a blank canvas for a discerning investor or developer seeking a prime location in a thriving Texas market. The property is situated in a rapidly growing area, offering significant potential for future appreciation. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The address is 12823 Indiana Ave, Lubbock, TX 79423.

    Property Features for 12823 Indiana Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    130th & Indiana
    Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Lubbock, TX, at the hard corner of Indiana Ave and Loop 88.
    • High visibility and convenient access via service road, near retail, schools, and residential areas.
    • 43,560 square feet, less than 3 miles from I‑27.
    • Single‑tenant property, ideal for various commercial uses (Lubbock County zoning verification recommended).
    • Located in a rapidly growing area with high potential for appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.88772181431
    Latitude
    33.476621463818

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    FAQs

    What type of property is this?
    Land - 1-Acre Lot, High Visibility, Loop 88 Access
    Where is this land located?
    The property is located at 12823 Indiana Ave Lubbock, TX.
    What are key features of this property?
    This property features: 1-acre commercial lot in Lubbock, TX, at the hard corner of Indiana Ave and Loop 88.; High visibility and convenient access via service road, near retail, schools, and residential areas.; 43,560 square feet, less than 3 miles from I-27.
    Request Owner's contact information
    12823 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
    12823 Indiana Ave Lubbock, TX 79423
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