Property profile

0 Quaker Ave Lubbock, TX 79424

OFF-MARKET
Land
2.6 ac lot
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Property summary

AI-generated overview

This exceptional 2.6-acre commercial land parcel presents a unique investment opportunity in South Lubbock, Texas. Ideally situated on Quaker Avenue, just south of the planned Loop 88, this level lot is ready for immediate development. The property boasts a permitted Garden Office zoning, making it suitable for a variety of commercial uses. Its strategic location offers convenient access to key amenities and a rapidly expanding residential area. Within a mile radius, you'll find the new Cooper Liberty High School and Cooper Central Elementary School, catering to a growing population. Large residential developments are flourishing nearby, ensuring a strong potential customer base for any commercial venture established on this site. Utilities are conveniently located at the front of the property along Quaker Avenue, simplifying the development process. The asking price is $1,359,072, translating to a land value of $12 per square foot. This represents a compelling investment in a thriving area with significant growth potential. The property's flat terrain and readily available utilities contribute to a streamlined and cost-effective development process. This prime location and zoning make it an ideal site for a variety of commercial projects, capitalizing on the area's robust residential growth and convenient access to schools and future infrastructure improvements. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Land
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

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

Location

Quaker Ave Lubbock, TX 79424
Lubbock metro
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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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