Property profile

12001 Frankford Ave Lubbock, TX 79424

FOR SALE
Commercial land
Property ID
US82-9572799
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12001 Frankford Ave, Lubbock, TX 79424 For Sale
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12001 Frankford Ave, Lubbock, TX 79424
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Property summary

AI-generated overview

This property consists of a 1.44-acre tract with more than 200 feet of frontage on Frankford Avenue in the southwest region of Lubbock. The site is configured as developable land suited to commercial uses, with potential for retail and office development. The property is also capable of supporting a build-to-suit arrangement for the construction of a customized building intended for leasing.

Property profile

Verified
Property type Commercial land
UPID US82-9572799

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12001 Frankford Ave Lubbock, TX 79424
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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