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    6711 Milwaukee Ave Lubbock, TX 79424

    For Sale
    Contact for pricing

    Prime Lubbock development land, ideal retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 33,000 square foot commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Located at 6711 Milwaukee Avenue, this property boasts a prime location within the rapidly expanding Milwaukee corridor of southwest Lubbock. Its strategic position offers unparalleled access to significant retail traffic. The site is situated just half a mile south of the thriving Canyon West mixed-use development, encompassing over 800,000 square feet and anchored by major retailers such as Super Target, Sam's Club, and PetSmart. Furthermore, its proximity to a newly constructed Super Walmart (approximately one mile away) enhances its desirability. The Milwaukee Avenue corridor serves as a crucial north-south transportation artery in Lubbock, connecting US Highway 84 (Clovis Highway) to the planned Loop 88, ensuring high visibility and accessibility. Zoned for commercial use, this land is perfectly suited for retail development and represents an excellent chance to capitalize on the area's robust growth and strong retail presence. The property is located in Lubbock County, Texas, with a zip code of 79424. This is a rare opportunity to acquire a sizable tract of land in a high-demand area with significant potential for future development.

    Property Features for 6711 Milwaukee Ave

    General Information

    Property type
    Land

    HighLights

    • 33,000 SF commercial land parcel.
    • Located in Lubbock, TX, in the rapidly growing Milwaukee corridor.
    • Prime location near major retail anchors including Super Target, Sam's Club, PetSmart, and a new Super Walmart.
    • Situated along a major transportation route connecting US Highway 84 to the future Loop 88.
    • Ideal for retail development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.956383
    Latitude
    33.531787

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    FAQs

    What type of property is this?
    Land - Prime Lubbock development land, ideal retail.
    Where is this land located?
    The property is located at 6711 Milwaukee Ave Lubbock, TX.
    What are key features of this property?
    This property features: 33,000 SF commercial land parcel.; Located in Lubbock, TX, in the rapidly growing Milwaukee corridor.; Prime location near major retail anchors including Super Target, Sam's Club, PetSmart, and a new Super Walmart.
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    6711 Milwaukee Ave Lubbock, TX 79424
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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
    6711 Milwaukee Ave Lubbock, TX 79424
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