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    Bluefield St Lubbock, TX 79403

    For Sale
    $2,791,847

    152 Acres, R-1 Zoning, Lubbock, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 152.6-acre land parcel presents a remarkable development opportunity in Lubbock, Texas. Strategically located near Preston Smith International Airport, this property boasts an R-1 zoning designation, opening doors to a variety of residential projects. The land's value is assessed at $0.42 per square foot, totaling an asking price of $2,791,847.52. Its prime location offers easy access to major transportation routes and is situated adjacent to the thriving Regis Park Development and in close proximity to the Lubbock Industrial Park, home to a significant Amazon fulfillment center. This presents a unique chance to capitalize on the area's growth and create a residential community benefiting from both convenient airport access and the economic activity of the industrial park. The property's address is E Bluefield St, Lubbock, TX 79403, within Lubbock County. The expansive lot size provides ample space for a substantial residential development, catering to a wide range of housing needs. Detailed zoning information and development guidelines are readily available upon request. This is an unparalleled opportunity to invest in a rapidly developing area of Lubbock, Texas. Don't miss this chance to secure a prime piece of land with significant potential for future growth and return.

    Property Features for 0 Bluefield St

    General Information

    Property type
    Land
    Lot Size
    6,647,256 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8119124
    Latitude
    33.6505266

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    FAQs

    What type of property is this?
    Land - 152 Acres, R-1 Zoning, Lubbock, TX
    Where is this land located?
    The property is located at Bluefield St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,791,847.
    (806) 500-6202
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    Bluefield St Lubbock, TX 79403
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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
    Bluefield St Lubbock, TX 79403
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