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    904 Avenue Abernathy, TX 79401

    For Sale
    $2,165,000

    618 Acres, Residential & Commercial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 618-acre property presents a unique investment opportunity in rapidly growing Lubbock County, Texas. Located at the southwest corner of Highway 84 and FM 179, near Abernathy and Lubbock, this expansive parcel offers significant potential for both residential and commercial development. The land is ideally suited for a large-scale residential project, taking advantage of Shallowater's booming population growth and convenient location. The strategic positioning also provides valuable commercial frontage along major roadways, creating additional development possibilities. Priced at $3,500 per acre, totaling $2,165,000, this represents a compelling direct investment in a thriving Texas community. With its substantial size and prime location, this property offers developers a rare chance to capitalize on the area's expanding infrastructure and increasing demand for housing and commercial spaces. The address is listed as 904 Avenue E, Lubbock, TX 79401. Detailed surveys and zoning information are available upon request. Don't miss this chance to secure a significant land holding in one of Texas's most dynamic growth areas.

    Property Features for 904 Avenue

    General Information

    Property type
    Land
    Lot Size
    26,920,080 SF

    HighLights

    • $2,165,000 asking price.
    • 618‑acre land parcel.
    • Located in Lubbock, TX (Lubbock County), near the intersection of Hwy 84 and FM 179.
    • Primarily suited for residential development with commercial frontage.
    • $3,500 per acre land value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Abernathy
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8405204
    Latitude
    33.5872782

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 618 Acres, Residential & Commercial Potential
    Where is this land located?
    The property is located at 904 Avenue Abernathy, TX.
    What is the asking price?
    The asking price for this property is $2,165,000.
    What are key features of this property?
    This property features: $2,165,000 asking price.; 618-acre land parcel.; Located in Lubbock, TX (Lubbock County), near the intersection of Hwy 84 and FM 179.
    (806) 543-8568
    Request Owner's contact information
    904 Avenue Abernathy, TX 79401
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    Abernathy, TX 79401
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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
    904 Avenue Abernathy, TX 79401
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