502 98Th St, Lubbock, TX 79404
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.
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.
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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.