You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

6515 Milwaukee Ave Lubbock, TX 79424

1.87 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.87-acre commercial land parcel is situated in a prime Lubbock location along Milwaukee Avenue, within the Neighborhood Commercial (NC) zoning district. Its strategic position offers unparalleled visibility and accessibility, placing it just two minutes from the newly constructed 800,000 square-foot Canyon West retail center. This presents a significant advantage for businesses seeking high foot traffic and exposure. The property's proximity to major institutions, including Texas Tech University, University Medical Center, and Covenant Health Systems (all within an eight-minute radius), makes it exceptionally well-suited for a diverse range of commercial ventures, including retail establishments, office spaces, or healthcare-related facilities. The land is priced at $11.50 per square foot, representing a compelling investment opportunity. Essential utilities are readily available, simplifying the development process. Furthermore, this property is conveniently located outside of any designated floodplain, eliminating potential flood-related risks and development complications. This ready-to-develop site presents a unique chance to establish a thriving business in a vibrant and rapidly growing area of Lubbock, Texas. The property's size and location combine to create a truly exceptional opportunity for commercial development.

Property profile
Verified
Property type Land
Lot 1.87 ac (81,457 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6515 Milwaukee Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message