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    17715 Highway 87 Lubbock, TX 79423

    For Sale
    Contact for pricing

    Prime Commercial/Industrial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 95-acre tract presents a unique investment opportunity in Lubbock County, Texas. Strategically located on Highway 87 at the intersection of County Road 7700, this property boasts significant frontage (1700 square feet) offering unparalleled visibility to a high volume of daily traffic. Current traffic counts average 18,672 vehicles per day (TXDOT 2022), projected to increase substantially with the recently approved Ports-to-Plains Corridor project. This $30 million initiative includes an $8 million allocation for Highway 87 improvements between Lubbock and Lamesa, further enhancing the property's value and accessibility. Situated outside city limits, this land offers flexibility and freedom from restrictive zoning ordinances. Its ideal location makes it suitable for a wide range of commercial and industrial uses, including distribution centers, showrooms, sales displays, truck parking facilities, and equipment sales and rental businesses. The land is priced at $50,000 per acre, representing a compelling investment in a rapidly developing area with exceptional growth potential. Don't miss this chance to secure a prime location along a major transportation corridor poised for significant expansion.

    Property Features for 17715 Highway 87

    General Information

    Property type
    Land
    Lot Size
    4,138,200 SF

    HighLights

    • 95+/- acres of commercial/industrial land in Lubbock County, Texas.
    • Located at 17715 Hwy 87, Lubbock, TX 79423, offering excellent highway frontage.
    • Priced at $50,000 per acre.
    • High traffic count (18,672 VPD) with projected increase due to Ports‑to‑Plains Corridor development.
    • Unrestricted land outside city limits.
    • Ideal for manufacturing, distribution, showroom, sales, truck parking, and equipment sales/rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kubacak Farms Farm Equipment Supplier

    Suggested Use

    Wholesale Shop Auto Repair Shop Auto Parts Store Storage Facility HVAC Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.83525366
    Latitude
    33.43285265

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Industrial Land, High Traffic
    Where is this land located?
    The property is located at 17715 Highway 87 Lubbock, TX.
    What are key features of this property?
    This property features: 95+/- acres of commercial/industrial land in Lubbock County, Texas.; Located at 17715 Hwy 87, Lubbock, TX 79423, offering excellent highway frontage.; Priced at $50,000 per acre.
    Request Owner's contact information
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    Lubbock, TX 79423
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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
    17715 Highway 87 Lubbock, TX 79423
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