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    4515 Milwaukee Ave Lubbock, TX 79407

    Sponsored
    For Sale
    $1,149,975

    Prime Lubbock location, 1.06 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land parcel is ideally situated on Milwaukee Avenue in Lubbock, Texas, boasting approximately 190 feet of frontage. Its prime location places it directly adjacent to the thriving Esplanade Shopping Center and Canyon West, offering immediate access to established businesses and high foot traffic. Across the street, the development of new restaurants and the recently constructed Frenship High School further enhance the property's desirability and potential for significant return on investment. The property's zoning is well-suited for a variety of commercial uses, making it particularly attractive for restaurant or retail development. This presents a unique opportunity to capitalize on the area's robust growth and establish a strong presence in a high-demand location. A detailed survey is available for review upon request, providing comprehensive information regarding the property's boundaries and characteristics. The asking price for this exceptional commercial land opportunity is $1,149,975. This is a rare chance to acquire a strategically located parcel in a rapidly developing area of Lubbock, Texas, offering significant potential for future growth and profitability. The property's address is 4515 Milwaukee Ave, Lubbock, TX 79407. Don't miss this chance to secure a piece of Lubbock's vibrant commercial landscape.

    Property Features for 4515 Milwaukee Ave

    General Information

    Property type
    Land
    Lot Size
    46,174 SF

    HighLights

    • 1.06‑acre commercial land parcel for sale or build‑to‑suit on Milwaukee Avenue, north of 50th Street.
    • Approximately 190 feet of frontage on Milwaukee Avenue.
    • Prime location near Esplanade Shopping Center, Canyon West, new restaurants, and Frenship High School.
    • Highly suitable for restaurant or retail development.
    • Survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9543169
    Latitude
    33.55222

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    FAQs

    What type of property is this?
    Land - Prime Lubbock location, 1.06 acres
    Where is this land located?
    The property is located at 4515 Milwaukee Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,149,975.
    What are key features of this property?
    This property features: 1.06-acre commercial land parcel for sale or build-to-suit on Milwaukee Avenue, north of 50th Street.; Approximately 190 feet of frontage on Milwaukee Avenue.; Prime location near Esplanade Shopping Center, Canyon West, new restaurants, and Frenship High School.
    (806) 771-7710
    Request Owner's contact information
    4515 Milwaukee Ave Lubbock, TX 79407
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    Lubbock, TX 79407
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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
    4515 Milwaukee Ave Lubbock, TX 79407
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