Property profile

7105 82Nd St Lubbock, TX 79424

OFF-MARKET
Land
3.32 ac lot
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Property summary

AI-generated overview

This 3.316-acre commercial land parcel is located in Lubbock, Texas, at 7105 82nd St, zip code 79424, in Lubbock County. The property, identified by APN numbers R309370 and R325891, is currently vacant and unsubdivided, offering significant development potential. Situated on the south side of 82nd Street between Upland Avenue and Saratoga Avenue, it benefits from high visibility and accessibility. This location is within the Frenship School District and enjoys frontage on 82nd Street, a major thoroughfare in the rapidly growing southwest Lubbock area. The property's strategic position along the Milwaukee Corridor, a high-traffic area with over 100 retail and business establishments, ensures excellent exposure. Furthermore, its proximity to Covenant Health Systems' new 70+ acre medical campus (less than one mile west) adds to its long-term value and potential. The land is priced at $1,590,000, translating to $11 per square foot. Importantly, this property is not located within a floodplain and is currently unplatted, simplifying the development process. This presents a unique opportunity for commercial development in a thriving area of Lubbock.

Property profile

Verified
Property type Land
Lot 3.32 ac (144,445 SF)

Cap rate & NOI

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

Location

7105 82Nd St Lubbock, TX 79424
Lubbock metro
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Value estimations

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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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