Property profile

0 98Th St Lubbock, TX 79424

OFF-MARKET
Land
0.37 ac lot
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Property summary

AI-generated overview

This exceptional 0.366-acre industrial land parcel in Lubbock, Texas, is offered at $275,000. Located at the Northeast corner of 98th and Orlando Streets in Lubbock County, zip code 79424, this property boasts excellent visibility and accessibility. The permitted zoning is Garden Office, making it ideal for a variety of professional uses, including medical, legal, or dental offices. The land value is $17.25 per square foot. A key feature is its frontage on 98th Street, directly across from Market Street to the north, ensuring high traffic exposure and easy access for clients and employees. The property requires a brick screening fence on the north side, as per zoning regulations. This presents a unique opportunity for developers or businesses seeking a strategically located lot in a thriving area of Lubbock. The property's location offers convenient access to major roadways and local amenities, making it an attractive investment for those seeking a high-visibility location for their business. Serious inquiries are encouraged. This is a rare opportunity to acquire a well-positioned industrial lot in a desirable Lubbock location.

Property profile

Verified
Property type Land
Lot 0.37 ac (15,943 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

98Th St Lubbock, TX 79424
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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