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    702 Lynn Ave Lamesa, TX 79331

    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.98-acre commercial land parcel presents a unique investment opportunity in Lamesa, Texas. Strategically located at the highly visible intersection of 7th Street and Lynn Avenue, this property boasts exceptional visibility and accessibility. Positioned between a Taco Bell and a newly constructed Allsup's gas station, the site benefits from significant daily vehicle traffic, estimated at 13,000 vehicles per day. This high-traffic location ensures maximum exposure for any commercial venture. The property's prime location makes it suitable for a wide range of businesses, including retail establishments, restaurants, or service-oriented enterprises seeking to capitalize on the area's strong commercial activity and consistent customer flow. The easy accessibility from major routes further enhances its appeal, providing convenience for both customers and logistical operations. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Lamesa, offering significant potential for growth and return on investment. The address is 702 N Lynn Ave, Lamesa, TX 79331, in Dawson County.

    Property Features for 702 Lynn Ave

    General Information

    Property type
    Land
    Lot Size
    42,689 SF

    HighLights

    • High‑traffic corner location with excellent visibility.
    • Strong co‑tenancy with Taco Bell and Allsup's.
    • Convenient access from major thoroughfares.
    • 13,000 vehicles per day (VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mize Welding & Machine Welder

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lamesa
    County
    Dawson
    State
    Texas
    Longitude
    -101.9511671
    Latitude
    32.7386279

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for retail.
    Where is this land located?
    The property is located at 702 Lynn Ave Lamesa, TX.
    What are key features of this property?
    This property features: High-traffic corner location with excellent visibility.; Strong co-tenancy with Taco Bell and Allsup's.; Convenient access from major thoroughfares.
    (806) 784-3290
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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
    702 Lynn Ave Lamesa, TX 79331
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