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Property profile & analytics
OFF-MARKET
Land

6617 Monticello Ave Lubbock, TX 79424

1.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.26-acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Situated in the vibrant Milwaukee Corridor of southwest Lubbock, this property enjoys a highly visible location directly on Monticello Avenue, offering unparalleled exposure to a substantial daily traffic volume. Its proximity to Oak Ridge Elementary School ensures consistent pedestrian traffic and strong community engagement. The strategic positioning provides convenient access to major thoroughfares including Milwaukee Avenue, Spur 327, and Marsha Sharp Highway, facilitating seamless connectivity throughout the city. The expansive lot size offers considerable flexibility for a diverse range of commercial developments, catering to various business needs and maximizing return on investment. This prime location, coupled with its accessibility and visibility, makes this property an ideal choice for entrepreneurs and investors seeking a high-impact commercial venture in a thriving Lubbock neighborhood. The property's address is 6617 Monticello Avenue, Lubbock, TX 79424, and is zoned for commercial use (zoning information should be independently verified). The asking price for this exceptional opportunity is $550,160.

Property profile
Verified
Property type Land
Lot 1.26 ac (54,886 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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