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Property profile & analytics
OFF-MARKET
Land

114th St & Indiana Ave Lubbock, TX 79423

Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in a rapidly developing area of South Lubbock, Texas. Encompassing approximately 3 to 4 acres, these two lots are strategically positioned at the highly visible, lighted intersection of 114th Street and Indiana Avenue – two major arterial roads providing excellent accessibility and high traffic volume. The property's location places it directly in the path of significant ongoing development, benefiting from its proximity to the newly constructed Loop 88. This prime location makes the land exceptionally well-suited for a variety of commercial uses, including retail establishments, restaurants, and quick-service restaurants (QSRs). The advantageous positioning adjacent to the brand new Adelphos Event Center & Tasting Room, along with other recent developments, further enhances the property's value and potential for strong returns. The single-tenant zoning provides flexibility for development, while the high visibility ensures maximum exposure for any future business. The property's address is 114th Street & Indiana Avenue, Lubbock, TX 79423. This is a rare opportunity to acquire land in a thriving commercial corridor with significant growth potential. The geographic coordinates are 33.4907391 latitude and -101.8876254 longitude.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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