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    Highway 87 Lubbock, TX 79423
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    Highway 87, Lubbock, TX 79423

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    • Land
    • 6.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 87

    Lot size
    6.00 lot acres
    Property type
    Land

    Description

    This exceptional 6-acre commercial land parcel presents a unique investment opportunity in the burgeoning south Lubbock area. Strategically located off Highway 87 and near Loop 493, this property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility. Zoned for commercial use outside city limits, this tract offers developers considerable flexibility in project planning. The land is priced at $849,420, translating to a land value of $3.25 per square foot. Situated within the Lubbock Cooper Independent School District, this location benefits from a strong community presence and growing residential population. The property's prime location and substantial size make it ideal for a variety of commercial developments, catering to the needs of a thriving market. This is a rare chance to acquire a significant piece of land in a rapidly developing area with excellent access to major transportation routes. The potential for future growth and return on investment is substantial, making this an attractive proposition for discerning investors and developers seeking a foothold in a dynamic Texas market. The property's location in Lubbock County, Texas, zip code 79423, offers easy access to local amenities and services. This is a truly exceptional opportunity to secure a prime piece of commercial real estate in a high-growth area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.829
    Latitude
    33.4214
    More about this property
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