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Property profile & analytics
OFF-MARKET
Land

302 Avenue C Abernathy, TX 79311

1.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.99-acre commercial land parcel in Abernathy, Texas, presents a compelling investment opportunity. Located in Lubbock County, this property boasts 300 feet of frontage on Interstate 27, offering unparalleled visibility and accessibility. The site is zoned C-2 Heavy Commercial District, allowing for a diverse range of uses including automotive businesses, campgrounds, hotels/motels, convenience storage facilities, and equipment sales. Municipal utilities are readily available. The property benefits from high traffic volume, with a daily count of 18,418 vehicles, including a 10.8% truck percentage. Situated less than 15 minutes north of Lubbock, Texas, this location provides access to a substantial market. Lubbock, with a metropolitan statistical area population of 318,679, is the 11th largest city in Texas and the second largest west of Interstate 35. The property is conveniently located near city hall, the post office, two banks, Lowe's grocery, Dollar General, and Dairy Queen. Adding to its appeal, this land is situated within an Opportunity Zone, offering potential tax advantages. This is a rare chance to acquire a strategically located commercial property with significant development potential.

Property profile
Verified
Property type Land
Lot 1.99 ac (86,684 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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