10717 Hwy 87 Frd, Lubbock, TX 79404
This exceptional 5-acre commercial property boasts unparalleled frontage on Highway 87 in Lubbock, Texas. Located in Lubbock County, at 10717 Hwy 87 Frd Nb, zip code 79404 (33.4968787, -101.8444462), this expansive lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Its versatile zoning allows for agricultural, commercial, or industrial development, catering to a wide range of entrepreneurial endeavors. The property's strategic location capitalizes on Lubbock's southward growth trajectory, ensuring significant future potential. The asking price is $1,742,400. This land parcel is owned by IRON HORSE ESTATES LLC and presents a unique chance to establish a strong presence in a thriving Texas market. The property's size and highway frontage provide ample space for development, making it ideal for businesses requiring significant land area and high traffic exposure. This is a rare opportunity to secure a prominent location in a rapidly expanding area of Lubbock. Don't miss this chance to invest in a property with exceptional potential for growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.