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    66th St & Alcove Ave Lubbock, TX 79407

    For Sale
    Contact for pricing

    High-traffic corner lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.92-acre commercial land parcel presents a remarkable opportunity for retail development in West Lubbock, Texas. Situated on the hard corner of 66th Street and Alcove Avenue, this property boasts unparalleled visibility and accessibility. Its strategic location offers direct access to the brand new West Business Park, a rapidly developing area near the Marsha Sharp Freeway, ensuring high traffic volume and significant exposure to potential customers. The property's 1.92-acre size provides ample space for a variety of retail developments, allowing for flexibility in design and functionality. The convenient location provides easy access to the surrounding region, making it an ideal location for businesses seeking to tap into a large customer base. This prime retail pad site is ready for immediate development, offering a unique chance to establish a thriving business in a rapidly growing area of Lubbock. The property is located in Lubbock County, Texas, with a zip code of 79407. The coordinates are 33.534077 latitude and -101.991454 longitude. Further details are available upon request.

    Property Features for 66th St & Alcove Ave

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • 1.92‑acre commercial land parcel in West Lubbock, TX, ideal for retail development.
    • High‑visibility corner lot at 66th Street and Alcove Avenue with excellent access to the new West Business Park and Marsha Sharp Freeway.
    • Ample space for diverse retail development options.
    • Ready for immediate development in a rapidly growing area with high traffic volume and strong customer base.
    • Located in Lubbock County, TX, zip code 79407 (33.534077, -101.991454).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.991454
    Latitude
    33.534077

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, prime retail location.
    Where is this land located?
    The property is located at 66th St & Alcove Ave Lubbock, TX.
    What are key features of this property?
    This property features: 1.92-acre commercial land parcel in West Lubbock, TX, ideal for retail development.; High-visibility corner lot at 66th Street and Alcove Avenue with excellent access to the new West Business Park and Marsha Sharp Freeway.; Ample space for diverse retail development options.
    (806) 722-1206
    Request Owner's contact information
    66th St & Alcove 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
    66th St & Alcove Ave Lubbock, TX 79407
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