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Property profile

2111 Wausau Ave Lubbock, TX 79407

OFF-MARKET
Land
7.4 ac lot
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Property summary

AI-generated overview

This 7.4-acre parcel presents a unique development opportunity in Northwest Lubbock, Texas. Ideally situated off newly paved Wausau Avenue, this property boasts convenient access and proximity to established infrastructure. Located just 1.3 miles west of Milwaukee Avenue and 1.5 miles east of FM 179, it benefits from its strategic position adjacent to Betenbough's Upland Crossing, a thriving new residential neighborhood. The City of Lubbock's recent improvements, including paving and curbing Wausau Avenue, provide direct paved access to the site. Zoned (SF-2) Low Density Single Family, this land is perfect for residential development, offering builders and investors a chance to capitalize on the area's growth. The asking price is $644,688, translating to a land value of $2 per square foot. The property's APN is C120429126201150000, and it's offered for sale by owner with 100% ownership. This exceptional location and zoning make this a highly desirable investment opportunity in a rapidly expanding area of Lubbock. Don't miss this chance to acquire a significant tract of land with excellent potential for future development. The property is located at 2111 Wausau Ave, Lubbock, TX 79407.

Property profile

Verified
Property type Land
Lot 7.4 ac (322,344 SF)

Cap rate & NOI

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

Location

2111 Wausau Ave Lubbock, TX 79407
Lubbock metro
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Value estimations

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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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