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    OFF-MARKET
    Land

    0 114Th St, Lubbock, TX 79424

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial, industrial, and residential land opportunity spans 1-5 acres and is situated at the northeast corner of 114th Street and University Avenue in Lubbock, Texas, zip code 79424. The property benefits from its strategic location in rapidly growing south Lubbock, where the population has significantly increased in recent years. Its proximity to major transportation arteries, including Loop 289, Interstate 27, and the future Loop 88, ensures excellent accessibility. This translates to seamless connectivity for both residents and businesses. Within a short 5-minute drive, a wealth of retail options are available, including Super Walmart, Walmart Neighborhood Market, HEB, and United Supermarkets, providing a strong existing customer base. Furthermore, the property enjoys convenient access to key institutions such as Texas Tech University, University Medical Center, and Covenant Health Systems, all within a 15-minute drive. This prime location offers significant potential for development, capitalizing on south Lubbock's impressive growth trajectory. Importantly, this property is not located within a floodplain. The property is ready for your vision and development plans.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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