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    Swc Fm 179 & Hwy 114 Lubbock, TX 79407

    Sponsored
    For Sale
    $1,214,238

    Prime 2.23-acre commercial lot. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.23-acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically located at the southwest corner of FM 179 and Highway 114 (19th Street), this property boasts exceptional visibility and accessibility, benefiting from a high daily traffic count exceeding 35,000 vehicles. The land is priced at $1,214,238, translating to a land value of $12.50 per square foot. Its prime location makes it ideal for a variety of commercial and industrial uses. The property's address is SWC FM 179 & Hwy 114, Lubbock, TX 79407, within Lubbock County. Further expansion potential exists, with additional land available to the south and east. This hard corner location offers unparalleled exposure and significant potential for development. The property's coordinates are 33.576274738195465 latitude and -102.00902349708733 longitude. This is a rare opportunity to acquire a high-traffic, well-positioned commercial land parcel in a thriving Texas market.

    Property Features for 0 Swc Fm 179 & Hwy 114

    General Information

    Property type
    Land
    Lot Size
    97,139 SF

    HighLights

    • $1,214,238 asking price.
    • 2.23‑acre commercial/industrial land parcel.
    • Located at the hard corner of FM 179 & Hwy 114 (19th Street) in Lubbock, TX 79407.
    • Land value: $12.50/SF.
    • High traffic count exceeding 35,000 vehicles daily.
    • Adjacent land parcels available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -102.00902349709
    Latitude
    33.576274738195

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    FAQs

    What type of property is this?
    Land - Prime 2.23-acre commercial lot. High traffic count.
    Where is this land located?
    The property is located at Swc Fm 179 & Hwy 114 Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,214,238.
    What are key features of this property?
    This property features: $1,214,238 asking price.; 2.23-acre commercial/industrial land parcel.; Located at the hard corner of FM 179 & Hwy 114 (19th Street) in Lubbock, TX 79407.
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    Swc Fm 179 & Hwy 114 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
    Swc Fm 179 & Hwy 114 Lubbock, TX 79407
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