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    3300 103Rd St Lubbock, TX 79423

    For Sale
    $1,150,000

    2.29 acres, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.29-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Located at 3300 103rd Street, this property boasts 208 feet of frontage along 103rd Street, conveniently situated just off Indiana Avenue. Its strategic location offers immediate access to major thoroughfares, including Loop 289, Loop 88, and I-27, ensuring seamless connectivity to all areas of Lubbock, the downtown core, and the airport. The site is zoned OF - Office, making it suitable for a variety of commercial developments. The property is bordered by established residential neighborhoods and several apartment complexes, providing a strong existing customer base. Furthermore, its adjacency to All Saints Episcopal School adds to its appeal. The property's proximity to key retail destinations further enhances its value. Within a 1.5-mile radius, you'll find United Market Street, H-E-B, Walmart Supercenter, and Academy Sports, creating a vibrant and convenient environment for potential businesses. This prime location and zoning make this 2.29-acre tract an exceptional opportunity for immediate development and significant return on investment. The asking price is $1,150,000. The property is located in Lubbock County, Texas, with a zip code of 79423.

    Property Features for 3300 103Rd St

    General Information

    Property type
    Land
    Lot Size
    99,752 SF

    HighLights

    • 2.29‑acre commercial land parcel in Lubbock, TX.
    • Located at 3300 103rd Street, with 208 feet of frontage.
    • Excellent access to Loop 289, Loop 88, and I‑27.
    • OF (Office) zoning.
    • Surrounded by residential and strong retail presence (United, H‑E‑B, Walmart, Academy).
    • $1,150,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8857416
    Latitude
    33.5006276

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    FAQs

    What type of property is this?
    Land - 2.29 acres, ideal for development.
    Where is this land located?
    The property is located at 3300 103Rd St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 2.29-acre commercial land parcel in Lubbock, TX.; Located at 3300 103rd Street, with 208 feet of frontage.; Excellent access to Loop 289, Loop 88, and I-27.
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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
    3300 103Rd St Lubbock, TX 79423
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