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    114th St & Indiana Ave Lubbock, TX 79423

    For Sale
    Contact for pricing

    South Lubbock lots, high visibility, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land offering encompasses two lots ideally situated at the highly visible, lighted intersection of 114th Street and Indiana Avenue in Lubbock, Texas. Boasting a combined acreage ranging from 3.42 to 4.02 acres, these properties present a unique opportunity for developers and investors seeking prime commercial real estate in a rapidly growing area of South Lubbock. The location benefits from its position along two major arterial roads, ensuring high traffic volume and excellent visibility for any commercial venture. Furthermore, the proximity to the newly constructed Loop 88 enhances accessibility and connectivity, making these lots particularly attractive for a variety of uses, including retail establishments, restaurants, and quick-service restaurants (QSRs). The strategic placement adjacent to the brand new Adelphos Event Center & Tasting Room, and other recent developments, underscores the area's burgeoning commercial activity and potential for significant future growth. This is a rare chance to secure a prominent location in a thriving South Lubbock commercial corridor. The property is located in Lubbock County, Texas, with a zip code of 79423. The precise acreage will be confirmed upon closing.

    Property Features for 114th St & Indiana Ave

    General Information

    Property type
    Land
    Lot Size
    148,975 SF

    HighLights

    • 3.42 to 4.02 acres of commercial land in Lubbock, Texas.
    • High‑visibility corner lot at the lighted intersection of 114th Street and Indiana Avenue, major Lubbock thoroughfares.
    • Prime South Lubbock location, near Loop 88, ideal for retail, restaurants, and quick‑service restaurants (QSRs).
    • Adjacent to the new Adelphos Event Center & Tasting Room and other recent developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8876254
    Latitude
    33.4907391

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    FAQs

    What type of property is this?
    Land - South Lubbock lots, high visibility, development ready.
    Where is this land located?
    The property is located at 114th St & Indiana Ave Lubbock, TX.
    What are key features of this property?
    This property features: 3.42 to 4.02 acres of commercial land in Lubbock, Texas.; High-visibility corner lot at the lighted intersection of 114th Street and Indiana Avenue, major Lubbock thoroughfares.; Prime South Lubbock location, near Loop 88, ideal for retail, restaurants, and quick-service restaurants (QSRs).
    (806) 722-1200
    Request Owner's contact information
    114th St & 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
    114th St & Indiana Ave Lubbock, TX 79423
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