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    L13-L27 Terra Ctr Lubbock, TX 79407

    For Sale
    $1,455,600
    Added:
    Dec 11, 2024
    Days on Market:
    362

    Property Features for L13-L27 Terra Ctr

    General Information

    Property type
    Land

    HighLights

    • Heavy Commercial zoning allows for diverse development options.
    • Strong retail presence nearby, including Kirby's, United Supermarket, First Bank & Trust, Sonic, and CVS.
    • High‑traffic location ensures excellent visibility.
    • 2.14‑acre parcel, divisible to accommodate various project sizes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.95972770157
    Latitude
    33.577751334213

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    FAQs

    Where is this land located?
    The property is located at L13-L27 Terra Ctr Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,455,600.
    What are key features of this property?
    This property features: Heavy Commercial zoning allows for diverse development options.; Strong retail presence nearby, including Kirby's, United Supermarket, First Bank & Trust, Sonic, and CVS.; High-traffic location ensures excellent visibility.
    (806) 777-1310
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    L13-L27 Terra Ctr Lubbock, TX 79407
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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
    L13-L27 Terra Ctr Lubbock, TX 79407
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