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    OFF-MARKET
    Land

    502 98Th St, Lubbock, TX 79404

    2 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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