3804 Southeast Dr Lubbock, TX 79404
This exceptional 21.39-acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically located on a prominent corner lot with prime highway frontage, this property boasts unparalleled visibility and accessibility. The zoning is designated for commercial use, offering a wide range of development possibilities. The expansive acreage allows for significant flexibility, whether you envision a large-scale commercial development or a future subdivision project. Adding to its appeal, the property is divisible into five separate parcels, providing additional options for development or sale. Currently, a 2,200 square foot shop is situated on the land, offering immediate utility or potential for expansion as part of a larger development plan. Multiple access points ensure convenient traffic flow and ease of entry, maximizing the property's potential for success. The asking price is $1,200,000, with a land value of $1.28 per square foot. Located at 3804 Southeast Dr, Lubbock, TX 79404, this property is ready for your vision. Don't miss this chance to acquire a highly desirable commercial property in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.