6617 Monticello Ave Lubbock, TX 79424
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.
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.