Technical
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Property profile

4515 Milwaukee Ave Lubbock, TX 79407

OFF-MARKET
Land
1.06 ac lot
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Property summary

AI-generated overview

This exceptional 1.06-acre commercial land parcel is ideally situated on Milwaukee Avenue in Lubbock, Texas, boasting approximately 190 feet of frontage. Its prime location places it directly adjacent to the thriving Esplanade Shopping Center and Canyon West, offering immediate access to established businesses and high foot traffic. Across the street, the development of new restaurants and the recently constructed Frenship High School further enhance the property's desirability and potential for significant return on investment. The property's zoning is well-suited for a variety of commercial uses, making it particularly attractive for restaurant or retail development. This presents a unique opportunity to capitalize on the area's robust growth and establish a strong presence in a high-demand location. A detailed survey is available for review upon request, providing comprehensive information regarding the property's boundaries and characteristics. The asking price for this exceptional commercial land opportunity is $1,149,975. This is a rare chance to acquire a strategically located parcel in a rapidly developing area of Lubbock, Texas, offering significant potential for future growth and profitability. The property's address is 4515 Milwaukee Ave, Lubbock, TX 79407. Don't miss this chance to secure a piece of Lubbock's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 1.06 ac (46,174 SF)

Cap rate & NOI

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

Location

4515 Milwaukee Ave Lubbock, TX 79407
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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