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    OFF-MARKET
    Land

    10717 Hwy 87 Frd, Lubbock, TX 79404

    5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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