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    12902 Indiana Ave Lubbock, TX 79423

    For Sale
    Contact for pricing

    1-Acre Lot, Ideal Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1-acre commercial lot presents a unique investment opportunity in Lubbock, Texas. Situated on the hard corner of Indiana Avenue and the newly constructed Loop 88, this property boasts unparalleled visibility and accessibility. The lot's strategic location offers convenient access to a well-established service road, numerous retail businesses, elementary schools, and thriving residential communities. Its proximity to Interstate 27 (less than 3 miles) ensures seamless connectivity to major transportation arteries, enhancing its appeal for a wide range of commercial ventures. The property's size and location make it suitable for various developments, from retail establishments and restaurants to office spaces and light industrial uses. The high traffic count on Indiana Avenue and the new Loop 88 guarantees significant exposure for any business established on this site. This is a rare opportunity to acquire a prime commercial parcel in a rapidly growing area of Lubbock, offering substantial potential for long-term growth and return on investment. The address is 12902 Indiana Ave, Lubbock, TX 79423, within Lubbock County. This property is zoned for commercial use (verification required). The lot is ready for development, presenting a blank canvas for your vision.

    Property Features for 12902 Indiana Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • One‑acre commercial lot in Lubbock, Texas.
    • Located at the hard corner of Indiana Ave and the new Loop 88 (currently under construction).
    • Excellent access to a service road, nearby retailers, schools, and residential areas.
    • Less than 3 miles from Interstate 27.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.88845088462
    Latitude
    33.476253928204

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    FAQs

    What type of property is this?
    Land - 1-Acre Lot, Ideal Location, High Visibility
    Where is this land located?
    The property is located at 12902 Indiana Ave Lubbock, TX.
    What are key features of this property?
    This property features: One-acre commercial lot in Lubbock, Texas.; Located at the hard corner of Indiana Ave and the new Loop 88 (currently under construction).; Excellent access to a service road, nearby retailers, schools, and residential areas.
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    12902 Indiana Ave Lubbock, TX 79423
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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
    12902 Indiana Ave Lubbock, TX 79423
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