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    114Th St Lubbock, TX 79424

    For Sale
    Contact for pricing

    Prime Lubbock location, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial, industrial, and residential land opportunity spans 1-5 acres and is situated at the northeast corner of 114th Street and University Avenue in Lubbock, Texas, zip code 79424. The property benefits from its strategic location in rapidly growing south Lubbock, where the population has significantly increased in recent years. Its proximity to major transportation arteries, including Loop 289, Interstate 27, and the future Loop 88, ensures excellent accessibility. This translates to seamless connectivity for both residents and businesses. Within a short 5-minute drive, a wealth of retail options are available, including Super Walmart, Walmart Neighborhood Market, HEB, and United Supermarkets, providing a strong existing customer base. Furthermore, the property enjoys convenient access to key institutions such as Texas Tech University, University Medical Center, and Covenant Health Systems, all within a 15-minute drive. This prime location offers significant potential for development, capitalizing on south Lubbock's impressive growth trajectory. Importantly, this property is not located within a floodplain. The property is ready for your vision and development plans.

    Property Features for 0 114Th St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑5 acre commercial, industrial, and residential land parcel in Lubbock, TX.
    • Located at the northeast corner of 114th Street & University Avenue.
    • Excellent access to Loop 289, I‑27, and the future Loop 88.
    • Close proximity to major retailers (Walmart, HEB, United Supermarkets) and Texas Tech University.
    • Not located in a floodplain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8702777784
    Latitude
    33.491049707987

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    FAQs

    What type of property is this?
    Land - Prime Lubbock location, ideal for development.
    Where is this land located?
    The property is located at 114Th St Lubbock, TX.
    What are key features of this property?
    This property features: 1-5 acre commercial, industrial, and residential land parcel in Lubbock, TX.; Located at the northeast corner of 114th Street & University Avenue.; Excellent access to Loop 289, I-27, and the future Loop 88.
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    114Th St Lubbock, TX 79424
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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
    114Th St Lubbock, TX 79424
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