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    4 & Milwaukee Ave Lubbock, TX 79416

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    For Sale
    Contact for pricing

    71,020 SF Development Ready Pad

    Property size:
    71,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 71,020 square foot retail pad site presents a remarkable investment opportunity in Lubbock, Texas. Located at the intersection of 4th and Milwaukee Avenue, this vacant land boasts a highly desirable location, perfectly positioned for immediate development. The property is conveniently situated near a newly constructed United Supermarket, providing significant anchor tenant synergy and attracting substantial foot traffic. This development-ready site is part of a larger retail center encompassing 10,000 square feet of existing retail space, further enhancing its appeal and potential for success. The expansive lot size offers unparalleled flexibility for a variety of retail developments, catering to a wide range of businesses and concepts. With its prime location, strong anchor tenant, and ample space, this pad site represents a unique chance to establish a thriving retail presence in a growing Lubbock market. The property is zoned for retail use and is ready for immediate construction, minimizing delays and maximizing return on investment. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to capitalize on the vibrant retail landscape of Lubbock, Texas. The property's strategic location and existing infrastructure make it an ideal choice for developers seeking a high-impact retail investment. Don't miss this chance to secure a prime piece of Lubbock real estate.

    Property Features for 0 4 & Milwaukee Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    71,020 SF

    HighLights

    • 71,020 SF retail pad site in Lubbock, TX.
    • Located at the intersection of 4th and Milwaukee Avenue.
    • Adjacent to a new United Supermarket, providing strong anchor tenant synergy.
    • Development‑ready, with retail zoning and immediate construction possible.
    • Part of a larger retail center with 10,000 SF of existing retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9571536
    Latitude
    33.5923049

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    FAQs

    What type of property is this?
    Individual retail property - 71,020 SF Development Ready Pad
    Where is this individual retail property located?
    The property is located at 4 & Milwaukee Ave Lubbock, TX.
    What are key features of this property?
    This property features: 71,020 SF retail pad site in Lubbock, TX.; Located at the intersection of 4th and Milwaukee Avenue.; Adjacent to a new United Supermarket, providing strong anchor tenant synergy.
    Request Owner's contact information
    4 & Milwaukee Ave Lubbock, TX 79416
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    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
    4 & Milwaukee Ave Lubbock, TX 79416
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