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    302 Avenue C Abernathy, TX 79311

    For Sale
    $450,000

    1.99 acres, prime C-2 zoning, I-27 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.99-acre commercial land parcel in Abernathy, Texas, presents a compelling investment opportunity. Located in Lubbock County, this property boasts 300 feet of frontage on Interstate 27, offering unparalleled visibility and accessibility. The site is zoned C-2 Heavy Commercial District, allowing for a diverse range of uses including automotive businesses, campgrounds, hotels/motels, convenience storage facilities, and equipment sales. Municipal utilities are readily available. The property benefits from high traffic volume, with a daily count of 18,418 vehicles, including a 10.8% truck percentage. Situated less than 15 minutes north of Lubbock, Texas, this location provides access to a substantial market. Lubbock, with a metropolitan statistical area population of 318,679, is the 11th largest city in Texas and the second largest west of Interstate 35. The property is conveniently located near city hall, the post office, two banks, Lowe's grocery, Dollar General, and Dairy Queen. Adding to its appeal, this land is situated within an Opportunity Zone, offering potential tax advantages. This is a rare chance to acquire a strategically located commercial property with significant development potential.

    Property Features for 302 Avenue C

    General Information

    Property type
    Land
    Lot Size
    86,684 SF

    HighLights

    • 300 feet of I‑27 frontage.
    • Permitted uses include automotive, campground, and hotel/motel.
    • Convenience storage and equipment sales are allowed uses.
    • Municipal utilities are available on‑site.
    • 18,418 vehicles per day (VPD) traffic count, including frontage roads.
    • 10.8% of daily traffic is comprised of trucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Abernathy
    County
    Hale
    State
    Texas
    Longitude
    -101.8418697
    Latitude
    33.8267191

    Nearby Comparable

    • $350,000

      Land Near Interstate-27, Abernathy, TX

      Land with frontage on I-27 in Abernathy, Texas.
      302 Avenue C, Abernathy, TX 79311
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    • $350,000
      1 SF

      Abernathy Commercial Land For Sale

      Commercial land in Abernathy, TX, with multiple potential uses.
      302 Avenue, Abernathy, TX 79311
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    • $65,000

      Abernathy Commercial Property For Sale

      Versatile commercial property in Abernathy, ideal for retail or office.
      403 1St Pl, Abernathy, TX 79311
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    • $89,900
      13.08 Acres

      Abernathy, TX 13.08 Acre Land

      13.08 acre tract of land in Lubbock County.
      Fm 597, Abernathy, TX 79311
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    • $1,750,000
      18,988 SF

      Abernathy Investment Opportunity

      Three buildings with retail, shop, living, and storage spaces.
      932 West I-27 Service Rd, Abernathy, TX
      View Details

    Nearby Similar for Sale

    • $1,750,000
      18,988 SF

      Abernathy Investment Opportunity

      Three buildings with retail, shop, living, and storage spaces.
      932 West I-27 Service Rd, Abernathy, TX
      View Details
    • $65,000

      Abernathy Commercial Property For Sale

      Versatile commercial property in Abernathy, ideal for retail or office.
      403 1St Pl, Abernathy, TX 79311
      View Details

    FAQs

    What type of property is this?
    Land - 1.99 acres, prime C-2 zoning, I-27 frontage.
    Where is this land located?
    The property is located at 302 Avenue C Abernathy, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 300 feet of I-27 frontage.; Permitted uses include automotive, campground, and hotel/motel.; Convenience storage and equipment sales are allowed uses.
    (806) 283-3936
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    302 Avenue C Abernathy, TX 79311
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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
    302 Avenue C Abernathy, TX 79311
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