Property profile

0 114Th St Lubbock, TX 79424

OFF-MARKET
Land
1 ac lot
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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

Location

114Th St Lubbock, TX 79424
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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