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    Quaker Ave Lubbock, TX 79423

    For Sale
    $900,648

    1.7 Acres, Garden Office Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.723-acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Located on Quaker Avenue, just south of the planned Loop 88, this level lot is ideally situated for immediate development. The property boasts a convenient location, within a mile of Cooper Liberty High School and Cooper Central Elementary, and is surrounded by rapidly expanding residential areas, ensuring a strong potential for future growth and high demand. Zoned for Garden Office use, this site offers significant flexibility for a variety of commercial projects. Utilities are readily accessible at the street, simplifying the development process. The asking price is $900,648, translating to a land value of $13 per square foot. This represents a compelling value proposition given the prime location and development-ready nature of the land. The property's flat topography eliminates costly site preparation, further enhancing its attractiveness to developers. Its proximity to established educational institutions and burgeoning residential communities makes it an exceptional choice for businesses seeking high visibility and access to a thriving market. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prime piece of Lubbock real estate.

    Property Features for 0 Quaker Ave

    General Information

    Property type
    Land
    Lot Size
    75,054 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.90474105302
    Latitude
    33.467626496939

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    FAQs

    What type of property is this?
    Land - 1.7 Acres, Garden Office Zoning
    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 $900,648.
    (806) 777-1310
    Request Owner's contact information
    Quaker Ave Lubbock, TX 79423
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    Lubbock, TX 79423
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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 79423
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