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    5016 Acc Rd Lubbock, TX 79424

    For Sale
    Contact for pricing

    Prime 0.74-acre lot, high traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 0.74-acre commercial land parcel presents a remarkable development opportunity in west Lubbock, Texas. Strategically positioned at the southwest corner of 50th Street and West Loop 289, this property boasts unparalleled visibility and accessibility due to its location in a high-traffic area with convenient access to major roadways. The site offers significant advantages for developers, including readily available on-site utilities and a pre-approved curb cut by the Texas Department of Transportation (TXDOT), streamlining the development process and minimizing potential delays. The land is priced at $15 to $20 per square foot, representing a compelling investment in a rapidly expanding commercial sector. This prime location makes it suitable for a diverse range of commercial ventures, capitalizing on the strong growth and high visibility of this thriving area of Lubbock. The address is 5016 W Loop 289 Acc Rd, Lubbock, TX 79424, within Lubbock County.

    Property Features for 5016 Acc Rd

    General Information

    Property type
    Land
    Lot Size
    32,234 SF

    HighLights

    • 0.74‑acre commercial lot in West Lubbock, TX, at the southwest corner of 50th Street and West Loop 289.
    • High‑traffic location with excellent visibility and accessibility to major roadways.
    • On‑site utilities and pre‑approved TXDOT curb cut expedite development.
    • Priced at $15-$20 per square foot.
    • Suitable for various commercial uses in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.93793864875
    Latitude
    33.547906447555

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    FAQs

    What type of property is this?
    Land - Prime 0.74-acre lot, high traffic
    Where is this land located?
    The property is located at 5016 Acc Rd Lubbock, TX.
    What are key features of this property?
    This property features: 0.74-acre commercial lot in West Lubbock, TX, at the southwest corner of 50th Street and West Loop 289.; High-traffic location with excellent visibility and accessibility to major roadways.; On-site utilities and pre-approved TXDOT curb cut expedite development.
    (806) 784-3298
    Request Owner's contact information
    5016 Acc Rd Lubbock, TX 79424
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    Lubbock, TX 79424
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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
    5016 Acc Rd Lubbock, TX 79424
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