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    3512 Idalou Rd Lubbock, TX 79403

    For Sale
    $50,000

    1.03-acre commercial lot in Lubbock, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.03-acre commercial land parcel is ideally situated at 3512 Idalou Road in Lubbock, Texas, zip code 79403. Located in Lubbock County, this property presents a compelling investment opportunity. The asking price is $50,000. The lot is conveniently situated off Idalou Road, providing easy access to Highway 62/82. Currently zoned for light industrial use, this versatile property offers significant potential for a variety of commercial developments. A key advantage is its location outside of any designated flood zone, mitigating potential risks associated with flooding. The property's size makes it suitable for a range of projects, and while the current listing is for the entire 1.03 acres, the possibility of splitting the land may be explored. This prime location and flexible zoning make this a highly attractive option for businesses seeking a strategic foothold in the Lubbock market. The property's coordinates are 33.596226 latitude and -101.795562 longitude. Serious inquiries are encouraged.

    Property Features for 3512 Idalou Rd

    General Information

    Property type
    Land
    Lot Size
    44,867 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Department Store Kitchen & Bath Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.795562
    Latitude
    33.596226

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    FAQs

    What type of property is this?
    Land - 1.03-acre commercial lot in Lubbock, TX.
    Where is this land located?
    The property is located at 3512 Idalou Rd Lubbock, TX.
    What is the asking price?
    The asking price for this property is $50,000.
    (806) 239-0804
    Request Owner's contact information
    3512 Idalou Rd Lubbock, TX 79403
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    Lubbock, TX 79403
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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
    3512 Idalou Rd Lubbock, TX 79403
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