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    7501 34Th St Lubbock, TX 79407

    For Sale
    $750,000

    7.84 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.84-acre commercial and industrial land parcel is situated in a rapidly expanding area of west Lubbock, Texas, offering significant development potential. The property boasts over 1,200 feet of frontage on 34th Street and is ideally positioned near thriving retail centers. West End, home to major retailers such as Dave & Buster's, Costco, Cabela's, Nike, and Best Buy, is just minutes away. Similarly, the nearby Canyon West area features Target, Ulta, and Burlington, among other businesses. The property's location is further enhanced by its proximity to established residential developments including Milwaukee Ridge, Escondido Estates, and Bushland Springs, with additional residential projects planned. This strategic location makes the land highly suitable for a variety of uses, including retail, multi-family housing, or self-storage facilities. The property is zoned R-1 and can be sold as a single parcel or divided into two tracts of approximately 3 acres and 4.84 acres. City water and sewer services are readily available for connection, simplifying development plans. This presents a unique opportunity to capitalize on the robust growth and strong demand in this desirable Lubbock location. The asking price for this prime development land is $750,000.

    Property Features for 7501 34Th St

    General Information

    Property type
    Land
    Lot Size
    341,510 SF

    HighLights

    • 7.84‑acre commercial and industrial land parcel in rapidly expanding west Lubbock, Texas.
    • Over 1,200 feet of frontage on 34th Street, near major retail centers (West End & Canyon West).
    • Zoned R‑1, divisible into two tracts (approx. 3 acres and 4.84 acres).
    • City water and sewer available.
    • Asking price: $750,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Storage Facility Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.98346714971
    Latitude
    33.563313928407

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    FAQs

    What type of property is this?
    Land - 7.84 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at 7501 34Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 7.84-acre commercial and industrial land parcel in rapidly expanding west Lubbock, Texas.; Over 1,200 feet of frontage on 34th Street, near major retail centers (West End & Canyon West).; Zoned R-1, divisible into two tracts (approx. 3 acres and 4.84 acres).
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    7501 34Th St 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
    7501 34Th St Lubbock, TX 79407
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