12301 Indiana Ave, Lubbock, TX 79423
This exceptional 1.164-acre commercial land parcel, identified by APN R301570, presents a unique investment opportunity in Lubbock, Texas. Located at 12301-12305 Indiana Ave, 79423, this property boasts a generous 50,690 square feet of land, zoned IHC. Its strategic location directly across from Laura Bush Middle School within the desirable Lubbock Cooper school district offers significant advantages. The property's zoning is considered favorable, minimizing potential rezoning complications. This single remaining lot is priced competitively at $16 per square foot. The site benefits from convenient access to major transportation arteries, including proximity to US-87 (three miles), the 289 Loop (five miles), and Lubbock Executive Airport (five miles). Furthermore, it's only ten miles from downtown Lubbock, providing easy access to the city's amenities and business centers. This property is ideal for a variety of commercial developments, capitalizing on its prime location and substantial lot size. Serious inquiries are encouraged to explore the potential of this exceptional land offering.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.