Property profile

602 82Nd St Lubbock, TX 79404

OFF-MARKET
Land
17.69 ac lot
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Property summary

AI-generated overview

This exceptional 17.69-acre commercial and industrial land parcel in Lubbock County, Texas, presents a compelling investment opportunity. Strategically located at 602 E 82nd St, Lubbock, TX 79404, this property boasts a prime position near E 82nd Street and Elm Avenue. The land is divided into two distinct sections. A 9.57-acre portion along E 82nd Street is subdivided into smaller, readily developable lots (see listing photos for details). An additional 8.12-acre tract lies south of these parcels, offering significant potential for future development. A high-yield water well, producing approximately 300 gallons per minute, is located in the southeast corner. Currently, utilities are not connected to the property. Offered at an attractive price of $2,119,084, this translates to a land value of just $2.75 per square foot, representing exceptional value in the Lubbock County market. This property is being sold by owner and presents a rare chance to acquire a substantial land holding with significant development potential. Don't miss this chance to secure a prime piece of Lubbock County real estate.

Property profile

Verified
Property type Land
Lot 17.69 ac (770,576 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

602 82Nd St Lubbock, TX 79404
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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