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    Property profile & analytics

    Frankford & Princeton Lubbock, TX 79416

    • Land
    • 8.86 lot acres
    For Sale
    View listing
    $1,543,417
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Frankford & Princeton

    Lot size
    8.86 lot acres
    Property type
    Land

    Description

    This exceptional 8.858-acre commercial land parcel is situated at the northeast corner of North Frankford and Princeton in Lubbock, Texas, zip code 79416. Located in northwest Lubbock, near the intersection of 4th and Frankford, this prime site presents a significant opportunity for multifamily development. Ideal for apartments, townhouses, or mixed-use projects, the property benefits from its strategic location near local amenities, major roadways, Texas Tech University, and the medical district. This translates to strong potential for attracting residents seeking convenient access to education, healthcare, and everyday conveniences. The property's development readiness is enhanced by the presence of existing water service

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.94
    Latitude
    33.6213

    Comparable in this City

    • Value Estimation by Request
      4.96 Acres

      Of Erskine & Winston Cor

      Land • 4.96 Acres
      Of Erskine & Winston Cor, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      1.00 Acre

      19th St & Rochester Ave

      Land • 1.00 Acre
      19th St & Rochester Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      42.34 Acres

      4501 Ursuline St

      Land • 42.34 Acres
      4501 Ursuline St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      27.42 Acres

      6204 4Th St

      Land • 27.42 Acres
      6204 4Th St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      4.35 Acres

      5000 Erskine St

      Land • 4.35 Acres
      5000 Erskine St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      42.59 Acres

      4501 Ursuline St

      Land • 42.59 Acres
      4501 Ursuline St, Lubbock, TX 79416
      View Details

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    • $4,180,453
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      Lubbock Commercial Land - Prime Location

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    Similar Nearby for Lease

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    • $6,500 /Mo
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    Frankford & Princeton
    Lubbock, TX 79416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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