Property profile

109 109Th St Lubbock, TX 79424

OFF-MARKET
Land
1.38 ac lot
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Property summary

AI-generated overview

This exceptional 1.38-acre commercial lot presents a remarkable opportunity for developers seeking a prime location in southwest Lubbock, Texas. Situated at the intersection of 109th Street and Slide Road, this C-3 zoned property boasts significant visibility and accessibility. With approximately 158 feet of frontage on Slide Road and a depth of 380 feet, the lot offers ample space for a variety of commercial ventures. The area is experiencing robust residential growth, creating a strong demand for commercial services and amenities. The property's strategic location ensures convenient access for residents in the surrounding neighborhoods. Utilities are readily available at the site, simplifying the development process. The land is priced at $16 per square foot, representing a compelling investment in a thriving market. This is an ideal opportunity to capitalize on the burgeoning growth of southwest Lubbock and establish a successful commercial presence. The property's size and zoning make it suitable for a wide range of commercial developments, catering to the needs of the expanding community. Don't miss this chance to secure a prime piece of Lubbock real estate. The zip code is 79424.

Property profile

Verified
Property type Land
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 109Th St Lubbock, TX 79424
Lubbock metro
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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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