1953 82Nd St, Lubbock, TX 79423
This exceptional 3.82-acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Located at 1953 82nd Street, Lubbock County, zip code 79423 (33.519523, -101.8608135), this property is ideally suited for a variety of development projects, including apartments, townhouses, or mixed-use developments. Its strategic location offers unparalleled convenience and accessibility. The site is less than half a mile from a major retail corridor boasting a diverse range of established businesses, including Chic-Fil-A, Whataburger, Chicken Express, Raising Cane's, Tropical Smoothie Cafe, Tinseltown Movie theater, Braums, Game Stop, Marble Slab, Shipley's Donuts, Buffalo Wild Wings, Popeyes, Subway, O'Reilly Auto Parts, United Supermarket, Bahama Bucks, and many more. This ensures high visibility and strong potential for attracting residents and customers. Furthermore, the property's proximity to I-27 provides excellent connectivity to the wider Lubbock area and beyond. The asking price for this significant development opportunity is $999,000. This represents a compelling value proposition for investors seeking to capitalize on the thriving Lubbock market. The land is currently priced at $0/acre, reflecting the significant potential for future appreciation.
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
Similar Nearby for Sale
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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.