5801 Avenue Q Lubbock, TX 79412
Exceptional investment opportunity awaits with this 2.78-acre commercial land parcel located at 5801 Avenue Q in Lubbock, Texas, zip code 79412. This property is zoned HC and offers convenient access to I-27 and South Loop 289, providing excellent visibility and connectivity. Its strategic location near Avenue Q South Drive (Slaton Highway) places it in close proximity to five hotels and two sports parks/stadiums, creating a high-traffic area with significant potential for various commercial developments. The land is priced at $199,000, with a land value of $1.64 per square foot. Owner financing is available with a 25% down payment and a 7% interest rate, making this an attractive option for investors seeking a lucrative venture in a thriving Texas market. The possibilities are numerous, from retail spaces and office complexes to mixed-use developments, catering to the dynamic commercial landscape of Lubbock. This property presents a unique chance to establish a successful business in a high-demand location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.