302 Avenue C Abernathy, TX 79311
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.
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
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.