3412 Southeast Dr Lubbock, TX 79404
This exceptional 6.24-acre commercial land parcel presents a remarkable development opportunity in Lubbock, Texas. Strategically located at the intersection of 34th Street and Martin Luther King Jr. Boulevard, this flat, build-ready site offers unparalleled access to major transportation arteries. The property is zoned C-4 and M-1, providing flexibility for a wide range of commercial and industrial uses. City utilities are readily available, simplifying infrastructure needs. Priced at $379,000, or $1.39 per square foot, this represents a compelling value proposition for investors and developers seeking a prime location with significant growth potential. Its proximity to I-27 and 34th Street ensures high visibility and convenient access for businesses and employees. The expansive lot size allows for substantial development, catering to various project scales and requirements. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in a thriving Texas market. The address is 3412 Southeast Dr, Lubbock, TX 79404.
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.