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    1585 And Upland Lubbock Lubbock, TX 79424

    For Sale
    $2,395,800

    10 Acres, $2.39M, Hwy 1585

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10-acre tract of land presents a remarkable development opportunity in Southwest Lubbock, Texas. Located on Highway 1585 and Upland Avenue, this property boasts excellent visibility and accessibility. The land is situated within the desirable Cooper School District and is conveniently located within Lubbock city limits (Tract B-1). Priced at $2,395,800, this represents a land value of approximately $6 per square foot. While the acreage is an estimate, this prime location offers significant potential for various development projects. Note that this is Tract B-1; neighboring tracts (Tract C and Tract C-1) have recently sold, indicating strong market demand in this area. The property's strategic location and substantial size make it an ideal investment for developers seeking a high-impact project in a thriving community. Buyers should conduct their own due diligence to verify all aspects of the property. Actual sales prices may vary.

    Property Features for 1585 And Upland Lubbock

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $2,395,800 asking price for 10 acres of land.
    • Located in Southwest Lubbock, Texas, in the Cooper School District.
    • 10‑acre tract (B‑1) is within city limits, with Upland Avenue frontage.
    • Land price: $6/SF (Note: Acreage is approximate).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9174303
    Latitude
    33.4777791

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    FAQs

    What type of property is this?
    Land - 10 Acres, $2.39M, Hwy 1585
    Where is this land located?
    The property is located at 1585 And Upland Lubbock Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,395,800.
    What are key features of this property?
    This property features: $2,395,800 asking price for 10 acres of land.; Located in Southwest Lubbock, Texas, in the Cooper School District.; 10-acre tract (B-1) is within city limits, with Upland Avenue frontage.
    (806) 239-0804
    Request Owner's contact information
    1585 And Upland Lubbock 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
    1585 And Upland Lubbock Lubbock, TX 79424
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