0 Crk 2300 & Cr7700 Lubbock, TX 79423
This exceptional commercial land opportunity in Lubbock County, Texas, presents a unique investment prospect. Located at the intersection of CR 2300 and CR 7700, this property boasts expansive acreage ranging from 36 to 86 acres, priced competitively at $12,500 to $15,000 per acre. The land is part of the Cooper South Estates development, with Phase II engineering plans ready for city approval. A significant advantage is the absence of water bills and HOA dues. The location offers convenient proximity to Cooper High and Middle School, and building outside city limits can potentially reduce construction costs. Recent trends indicate increased demand for larger lots suitable for barns or storage units. Furthermore, adjacent land presents potential for future development or expansion. Strategic advantages include proximity to the new Loop 88 and Red Feather Country Club, and the property's location within the Cooper ISD. This property is well-suited for developers seeking a prime location with significant potential for growth and return on investment. The flexible acreage options cater to various development scales, making it an attractive proposition for a range of projects. The existing infrastructure and convenient location make this a truly compelling opportunity. The zip code is 79423.
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.
Costs & Benchmarks
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.