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    Quaker Ave Lubbock, TX 79415

    For Sale
    $2,869,728

    5.49 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.49-acre commercial land parcel presents a compelling investment opportunity in a high-growth area of Lubbock, Texas. Strategically located at the intersection of North Quaker Avenue and North Loop 289, this property benefits from exceptional visibility and convenient access to major thoroughfares. Its proximity to significant medical facilities, including Trust Point Rehab Hospital and the soon-to-open Oceans Behavioral Hospital (adding over 100 jobs in early 2024), further enhances its value and potential. Within a short distance, you'll find Lubbock Heart & Surgical Center, UMC Medical Business Center, and CVS, ensuring a robust and established commercial environment. The property's location also offers easy access to Texas Tech University, UMC hospital, and Covenant Hospital, making it attractive for a wide range of commercial ventures. The asking price is $2,869,728, translating to a land value of $12 per square foot. The property's size and location allow for the possibility of subdivision into smaller parcels, providing added flexibility for potential buyers. Detailed information regarding potential subdivision is available upon request. This prime commercial land offers significant potential for development and represents a strong investment in a thriving Texas market. The property is situated in Lubbock County, Texas, with a 79415 zip code.

    Property Features for 0 Quaker Ave

    General Information

    Property type
    Land
    Lot Size
    239,144 SF

    HighLights

    • 5.49‑acre commercial land parcel in high‑growth Lubbock, TX.
    • Exceptional visibility at North Quaker Ave & North Loop 289 intersection.
    • Proximity to major medical facilities, including Trust Point Rehab Hospital and the soon‑to‑open Oceans Behavioral Hospital.
    • $2,869,728 asking price; $12/SF land value.
    • Potential for subdivision into smaller parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.90518371713
    Latitude
    33.61630077267

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    FAQs

    What type of property is this?
    Land - 5.49 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Quaker Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,869,728.
    What are key features of this property?
    This property features: 5.49-acre commercial land parcel in high-growth Lubbock, TX.; Exceptional visibility at North Quaker Ave & North Loop 289 intersection.; Proximity to major medical facilities, including Trust Point Rehab Hospital and the soon-to-open Oceans Behavioral Hospital.
    (806) 777-1310
    Request Owner's contact information
    Quaker Ave Lubbock, TX 79415
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    Lubbock, TX 79415
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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
    Quaker Ave Lubbock, TX 79415
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