114th St & Indiana Ave Lubbock, TX 79423
This exceptional commercial land offering encompasses two lots ideally situated at the highly visible, lighted intersection of 114th Street and Indiana Avenue in Lubbock, Texas. Boasting a combined acreage ranging from 3.42 to 4.02 acres, these properties present a unique opportunity for developers and investors seeking prime commercial real estate in a rapidly growing area of South Lubbock. The location benefits from its position along two major arterial roads, ensuring high traffic volume and excellent visibility for any commercial venture. Furthermore, the proximity to the newly constructed Loop 88 enhances accessibility and connectivity, making these lots particularly attractive for a variety of uses, including retail establishments, restaurants, and quick-service restaurants (QSRs). The strategic placement adjacent to the brand new Adelphos Event Center & Tasting Room, and other recent developments, underscores the area's burgeoning commercial activity and potential for significant future growth. This is a rare chance to secure a prominent location in a thriving South Lubbock commercial corridor. The property is located in Lubbock County, Texas, with a zip code of 79423. The precise acreage will be confirmed upon closing.
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.