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Property profile & analytics
OFF-MARKET
Land

114th St & Indiana Ave Lubbock, TX 79423

3.42 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.42 ac (148,975 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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