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    I-27 Frontage Rd Lubbock, TX 79403

    For Sale
    $1,329,015

    High-Visibility Lubbock Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 221,503 square foot commercial land parcel boasts a prime location at the intersection of I-27 and Loop 289 in Lubbock, Texas, offering unparalleled visibility and accessibility. Priced at $1,329,015.60 ($6/SF), this property is ideal for a variety of commercial uses, particularly those requiring high traffic exposure. The site features approximately 700 feet of frontage along I-27, allowing for substantial signage opportunities visible from both Loop 289 and Highway 87/I-27. Water and sewer utilities are readily available, simplifying development. A curb cut is permitted by the Texas Department of Transportation (TXDOT) on the south 140-foot frontage road. This property is ready for immediate development, although it will require platting after closing. The seller is open to considering the possibility of dividing the property. This presents a unique opportunity for businesses seeking a strategic location with excellent visibility and convenient access to major transportation arteries in a thriving Texas market. The property's address is I-27 Frontage Rd, Lubbock, TX 79403, within Lubbock County.

    Property Features for I-27 Frontage Rd

    General Information

    Property type
    Land

    HighLights

    • 221,503 SF commercial land parcel in Lubbock, TX, at I‑27 & Loop 289 intersection. Priced at $1,329,015.60 ($6/SF).
    • High visibility and accessibility due to 700 ft of I‑27 frontage.
    • Water and sewer available; TXDOT‑permitted curb cut.
    • Requires platting; seller may consider dividing the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.84440098749
    Latitude
    33.523593274753

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    FAQs

    What type of property is this?
    Land - High-Visibility Lubbock Commercial Lot
    Where is this land located?
    The property is located at I-27 Frontage Rd Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,329,015.
    What are key features of this property?
    This property features: 221,503 SF commercial land parcel in Lubbock, TX, at I-27 & Loop 289 intersection. Priced at $1,329,015.60 ($6/SF).; High visibility and accessibility due to 700 ft of I-27 frontage.; Water and sewer available; TXDOT-permitted curb cut.
    Request Owner's contact information
    I-27 Frontage Rd Lubbock, TX 79403
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    Lubbock, TX 79403
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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
    I-27 Frontage Rd Lubbock, TX 79403
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