Property profile

10717 Hwy 87 Frd Lubbock, TX 79404

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

10717 Hwy 87 Frd Lubbock, TX 79404
Lubbock metro
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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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