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    Dowden Rd Wolfforth, TX 79382

    For Sale
    $1,127,115

    Prime Commercial Tract in Growing Wolfforth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.45-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Wolfforth, Texas. Located in Lubbock County, with a zip code of 79382, this property boasts a highly desirable location, fronting the future The Overlook West residential subdivision. The strategic positioning ensures high visibility and accessibility, surrounded by over 4,000 existing and planned homes within the neighboring The Overlook West and The Harvest subdivisions. This guarantees a substantial and growing customer base for any commercial venture. The property's convenience is further enhanced by its proximity to popular local establishments, including Evie Mae's BBQ, located just half a mile to the north. All utilities are conveniently available on-site, making this a truly turnkey opportunity for immediate commercial development. The asking price for this exceptional tract is $1,127,115. This prime location and ready-to-develop status make this a rare find for discerning investors seeking a strong return on investment in a rapidly expanding market. The property's address is Dowden Rd, Wolfforth, TX. Don't miss this chance to secure a piece of Wolfforth's vibrant future.

    Property Features for 0 Dowden Rd

    General Information

    Property type
    Land
    Lot Size
    150,282 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wolfforth
    County
    Lubbock
    State
    Texas
    Longitude
    -102.00899326632
    Latitude
    33.49366649451

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    FAQs

    What type of property is this?
    Land - Prime Commercial Tract in Growing Wolfforth
    Where is this land located?
    The property is located at Dowden Rd Wolfforth, TX.
    What is the asking price?
    The asking price for this property is $1,127,115.
    (806) 784-3258
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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

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    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
    Dowden Rd Wolfforth, TX 79382
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