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    Lubbock Tx Lubbock, TX 79416

    For Lease
    $20 SF/Yr ($16,666 /Mo)

    Development-ready pads near United Supermarket

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional opportunity presents multiple retail pad sites totaling 71,020 square feet of land in Lubbock, Texas, within Lubbock County (zip code 79416). Located at a high-traffic intersection, this development-ready property offers significant potential for businesses seeking prime retail space. The site boasts a strategic location anchored by a newly constructed United Supermarket, ensuring high visibility and foot traffic. One pad site is immediately available for ground lease, offering a flexible build-to-suit option. The existing retail center on the property comprises 10,000 square feet, further enhancing the area's commercial appeal. Individual pad sizes range from 25,017 to 71,020 square feet, providing options to accommodate various business needs and scales. This property is classified as retail land with multiple tenancy potential, making it an ideal investment for developers and entrepreneurs alike. The property's location in a thriving commercial area of Lubbock ensures strong potential for return on investment. Contact us today to learn more about this exciting opportunity to establish your business in a high-demand location.

    Property Features for 0 Lubbock Tx

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    16666.67

    Unit(s) available at that property

    Space
    Lot 1
    Size
    71,020 SF
    Rate per SF
    $20

    HighLights

    • 71,020 square feet of development‑ready retail land in Lubbock, TX (79416).
    • High‑traffic intersection location anchored by a new United Supermarket.
    • One pad site available for immediate ground lease with build‑to‑suit options.
    • Existing 10,000 square foot retail center on site.
    • Pad sites range from 25,017 to 71,020 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9571536
    Latitude
    33.5923049

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    FAQs

    What type of property is this?
    Land - Development-ready pads near United Supermarket
    Where is this land located?
    The property is located at Lubbock Tx Lubbock, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 71,020 square feet of development-ready retail land in Lubbock, TX (79416).; High-traffic intersection location anchored by a new United Supermarket.; One pad site available for immediate ground lease with build-to-suit options.
    Request Owner's contact information
    Lubbock Tx Lubbock, TX 79416
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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
    Lubbock Tx Lubbock, TX 79416
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