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    3724 24Th St Lubbock, TX 79410

    Sponsored
    For Sale
    $510,000

    0.822-Acre Commercial Lot in Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 0.822-acre commercial land parcel is ideally situated in Lubbock, Texas, within a thriving medical district at 3724 24th St, zip code 79410. Located in Lubbock County, this property presents a unique investment opportunity for healthcare professionals seeking to establish a new practice or expand existing operations. The strategic location within a well-established medical area ensures high visibility and accessibility for patients. The asking price for this prime land is $510,000. Its 0.822-acre size offers ample space for the construction of a small clinic or medical office building, catering to the growing demand for healthcare services in the neighborhood. The property's address is easily accessible, providing convenient access for both patients and staff. This is a rare opportunity to acquire a well-positioned commercial lot in a high-demand area, offering significant potential for long-term growth and return on investment. The property's coordinates are 33.572575 latitude and -101.89624 longitude. This location offers a strong foundation for a successful medical practice, benefiting from the established medical infrastructure and high concentration of healthcare facilities in the immediate vicinity. The property is zoned for commercial use. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 3724 24Th St

    General Information

    Property type
    Land
    Lot Size
    35,806 SF

    HighLights

    • $510,000 asking price.
    • 0.822‑acre commercial land parcel.
    • Located in Lubbock, TX, 79410, in a thriving medical district.
    • Ideal for a small medical clinic or office.
    • Excellent location within a high‑demand medical services area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.89624
    Latitude
    33.572575

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    FAQs

    What type of property is this?
    Land - 0.822-Acre Commercial Lot in Texas
    Where is this land located?
    The property is located at 3724 24Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: $510,000 asking price.; 0.822-acre commercial land parcel.; Located in Lubbock, TX, 79410, in a thriving medical district.
    Request Owner's contact information
    3724 24Th St Lubbock, TX 79410
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    Lubbock, TX 79410
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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
    3724 24Th St Lubbock, TX 79410
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