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Property profile & analytics
OFF-MARKET
Land

122 122Nd St Lubbock, TX 79423

3.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in South Lubbock, Texas. Located at the highly visible hard corner of Indiana Avenue and 122nd Street, this property encompasses parcels ranging from one to 2.6 acres. The site is ideally suited for ground lease, build-to-suit projects, or outright purchase, catering to a variety of commercial development needs. Its strategic position within a rapidly expanding residential and commercial district offers significant potential for high returns. The area is experiencing substantial growth, fueled by the proximity to established businesses such as United Supermarkets and the planned Loop 88, ensuring strong visibility and convenient access for future tenants. The property's size flexibility allows for adaptable development plans, accommodating various commercial ventures. With its prime location and growth potential, this South Lubbock land presents a compelling investment opportunity for discerning developers and investors seeking a foothold in a thriving Texas market. The zip code is 79423. The property is classified as commercial land with single tenancy. The total acreage available is 3.1 acres.

Property profile
Verified
Property type Land
Lot 3.1 ac (135,036 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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