Property profile

3723 130Th St Lubbock, TX 79423

OFF-MARKET
Land
0.83 ac lot
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Property summary

AI-generated overview

This exceptional 0.83-acre commercial land parcel in Lubbock, Texas, presents a prime development opportunity. Located at the southwest corner of Memphis Avenue and Loop 88 (130th Street), this high-visibility property boasts premier frontage on two major thoroughfares, ensuring maximum exposure and convenient access. Its strategic location offers proximity to key amenities, including the UMC Health and Wellness Hospital, Lubbock-Cooper Liberty High School, H-E-B, Walmart, Academy Sports + Outdoors, and several thriving residential neighborhoods such as Oakmont Estates, Vintage Township, The Falls, and Highland Oaks. The high traffic counts and excellent ingress/egress make this site ideal for a variety of commercial uses, including retail, office, hospitality, or mixed-use development. The property is zoned for high-density residential use. An adjacent 13-acre parcel is also available for larger projects, offering potential for expansion or subdivision. The asking price for this 0.83-acre lot is $550,000. The property's address is 3723 130th St, Lubbock, TX 79423.

Property profile

Verified
Property type Land
Lot 0.83 ac (36,155 SF)

Cap rate & NOI

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

Location

3723 130Th St Lubbock, TX 79423
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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