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    219 Regis St Lubbock, TX 79403

    For Sale
    $689,904

    3.52 Acres, I-27 & Regis, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.52-acre commercial land parcel is strategically located in Lubbock, Texas, at the intersection of I-27 and Regis Street, directly adjacent to a Love's Travel Center and a future Sonic location. Currently undergoing rezoning to Heavy Commercial, this property presents a unique opportunity for high-impact retail or industrial development. The asking price is $689,904, translating to approximately $4.50 per square foot. The site offers +/- 153,312 square feet of potential development space. A cross-access easement agreement with Love's is in place, ensuring convenient access and visibility. This prime location boasts high traffic counts and excellent visibility, making it ideal for businesses seeking maximum exposure. The property's proximity to major transportation arteries and established businesses guarantees a strong foundation for future success. The seller is willing to divide the property at an adjusted price per acre. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area of Lubbock. Don't miss out on this exceptional investment prospect.

    Property Features for 219 Regis St

    General Information

    Property type
    Land
    Lot Size
    153,331 SF

    HighLights

    • $689,904 asking price.
    • 3.52‑acre commercial land parcel.
    • Located at 219 E Regis St, Lubbock, TX 79403.
    • Rezoning to Heavy Commercial underway.
    • Excellent location for heavy retail or industrial use, adjacent to Love's Travel Center and future Sonic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Kitchen & Bath HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.83813190755
    Latitude
    33.643436119425

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    FAQs

    What type of property is this?
    Land - 3.52 Acres, I-27 & Regis, High Traffic
    Where is this land located?
    The property is located at 219 Regis St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $689,904.
    What are key features of this property?
    This property features: $689,904 asking price.; 3.52-acre commercial land parcel.; Located at 219 E Regis St, Lubbock, TX 79403.
    Request Owner's contact information
    219 Regis St Lubbock, TX 79403
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    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
    219 Regis St Lubbock, TX 79403
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