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    OFF-MARKET
    Commercial real estate

    2801 Broadway St, Lubbock, TX 79403

    2.84 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.841-acre commercial property, located at 2801 E Broadway Street in Lubbock, Texas, presents a unique investment opportunity. The land boasts convenient access to all City of Lubbock utilities and natural gas, eliminating infrastructure hurdles for potential development. A recently installed heavy-duty cyclone fence, topped with barbed wire, ensures security and clearly defines the property boundaries. The acreage is thoughtfully subdivided into two sections: an eastern one-third and a larger western two-thirds, offering flexibility for various development plans. Its strategic location offers significant advantages, particularly considering the recent growth of manufacturing activity east of Loop 289 on 19th Street. This prime location makes it ideal for a variety of commercial ventures, including but not limited to, recreational vehicle parks (RVPs), manufactured home parks (MHPs), or a convenience store (C-store). The property's size, utility access, and strategic placement near burgeoning industrial development make it a compelling investment prospect with substantial future potential. The existing fencing provides immediate security and reduces initial development costs. This is a rare opportunity to acquire a sizable, well-situated parcel in a rapidly developing area of Lubbock. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.84 ac (123,710 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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    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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