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    6526 Erskine St Lubbock, TX 79416

    For Sale
    $1,437,480

    Prime Lubbock, TX commercial lot. Two acres, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2 +/- acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically positioned on the highly visible northwest corner of Erskine and Milwaukee Avenue, this property boasts significant frontage and exposure to substantial daily traffic. Its location offers unparalleled convenience and accessibility, situated near established residential areas such as Shadow Hills Estates, the Shadow Hills Golf Course, and Legacy Elementary School. Furthermore, this prime location provides easy access to key institutions including Texas Tech University, Lubbock Christian University, University Medical Center, and Covenant Health Systems, all within a short 10-15 minute drive. The property's size and location make it ideal for a wide range of commercial developments, offering significant potential for future growth and return on investment. The asking price for this exceptional property is $1,437,480. The legal address is 6526 Erskine St, Lubbock, TX 79416, in Lubbock County. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving and rapidly developing area of Lubbock. Don't miss out on this chance to secure a prime piece of Lubbock real estate.

    Property Features for 6526 Erskine St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Wholesale Shop Clothing Store Department Store Electrical Service Convenience Store Shopping Mall Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9580205
    Latitude
    33.6078461

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    FAQs

    What type of property is this?
    Land - Prime Lubbock, TX commercial lot. Two acres, high visibility.
    Where is this land located?
    The property is located at 6526 Erskine St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,437,480.
    (806) 319-0670
    Request Owner's contact information
    6526 Erskine St Lubbock, TX 79416
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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
    6526 Erskine St Lubbock, TX 79416
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