Property profile

502 98Th St Lubbock, TX 79404

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre property, located at 502 98th Street in Lubbock, Texas, presents a compelling investment opportunity. Zoned for agricultural, commercial, and industrial uses, this versatile land offers significant potential for a variety of businesses. The property boasts excellent visibility from 98th Street, ensuring high traffic exposure and strong brand recognition. Its convenient location within Lubbock County, zip code 79404, provides easy access to local transportation networks and a thriving business community. The expansive 2-acre lot provides ample space for construction and expansion, making it ideal for businesses seeking to establish a substantial presence. This land is owned by IRON HORSE ESTATES LLC and is offered at an asking price of $566,280. The property's strategic location and flexible zoning make it an attractive option for entrepreneurs and investors alike, promising significant returns in a rapidly developing area. Don't miss this chance to acquire a highly visible and versatile industrial land parcel in a prime Lubbock location. The coordinates are 33.505304 latitude and -101.8416294 longitude.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

502 98Th St Lubbock, TX 79404
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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