Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10902 Oak Ridge Ave Lubbock, TX 79424

    For Sale
    $1,449,241

    Prime Lubbock land, 65-lot potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 11.09-acre tract of land presents a remarkable opportunity for residential development in southwest Lubbock, Texas. Located at 10902 Oakridge Avenue, 79424, this property boasts a prime location just west of One Ford Road, on the northwest side of the intersection of 110th Street and Milwaukee Avenue. The land is zoned SF-2 and has already been pre-platted for 65 single-family home lots, along with multiple planned pocket parks. However, the existing plat is adaptable to suit a developer's specific vision and needs. This area is experiencing rapid growth, situated along the thriving south Milwaukee commercial corridor, which features a mix of retail, office, single-family, and multi-family developments. The asking price for this significant development opportunity is $1,449,241. This property offers investors and developers a chance to capitalize on the burgeoning residential market in a highly desirable Lubbock location. The pre-platted design provides a solid foundation for immediate development, minimizing upfront planning costs and streamlining the approval process. Don't miss this chance to acquire a substantial parcel of land in a rapidly expanding area of Lubbock.

    Property Features for 10902 Oak Ridge Ave

    General Information

    Property type
    Land
    Lot Size
    483,080 SF

    HighLights

    • 11.09‑acre tract ideal for single‑family residential development in southwest Lubbock.
    • Pre‑platted for 65 single‑family home lots, including pocket parks; adaptable to developer's vision.
    • Prime location on the south Milwaukee commercial corridor, a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.96086645851
    Latitude
    33.494856402543

    Nearby Similar for Sale

    • $650,000

      Multifamily Investment Near Texas Tech

      Four properties near Texas Tech, offering diverse rental opportunities.
      Package Property, Lubbock, TX 79411
      View Details
    • $700,000
      7,768 SF

      Multifamily Property Near Texas Tech

      Multifamily property near Texas Tech, suitable for students and short-term rentals.
      2123 15Th St, Lubbock, TX 79401
      View Details
    • $333,000
      2,832 SF

      Historic Multifamily Property Near Texas Tech

      Six-bedroom property near Texas Tech, featuring unique historic details.
      2323 20Th St, Lubbock, TX 79411
      View Details
    • $415,000

      Lubbock Income-Generating Package Property

      Fully leased properties with strong rental history in desirable Lubbock locations.
      Package Property, Lubbock, TX 79410
      View Details
    • New
      $35,000
      Pending

      Lubbock Duplex Near Texas Tech

      Duplex in Lubbock near Texas Tech, great rental opportunity.
      1512 18Th St, Lubbock, TX 79401
      View Details
    • New
      $385,000
      4,868 SF

      Spacious Duplex with Atriums

      Two units, each with private atrium and two-car garage.
      3313 74Th St, Lubbock, TX 79423
      View Details

    FAQs

    What type of property is this?
    Land - Prime Lubbock land, 65-lot potential.
    Where is this land located?
    The property is located at 10902 Oak Ridge Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,449,241.
    What are key features of this property?
    This property features: 11.09-acre tract ideal for single-family residential development in southwest Lubbock.; Pre-platted for 65 single-family home lots, including pocket parks; adaptable to developer's vision.; Prime location on the south Milwaukee commercial corridor, a rapidly growing area.
    (806) 784-3265
    Request Owner's contact information
    10902 Oak Ridge Ave Lubbock, TX 79424
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10902 Oak Ridge Ave
    Lubbock, TX 79424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    10902 Oak Ridge Ave Lubbock, TX 79424
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.