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Property profile & analytics
OFF-MARKET
Land

9210 Highway 87 Lubbock, TX 79423

6,000 SF 5.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.7-acre commercial land parcel presents a remarkable opportunity for development in Lubbock, Texas. Located at 9210 Hwy 87, this property boasts unparalleled visibility and accessibility due to its prime I-27 frontage road location. The asking price is $950,000, translating to $158.33 per square foot for the 6,000 square foot lot. The site is ideally suited for a variety of commercial ventures, including retail establishments, office spaces, or other businesses seeking high-traffic exposure. Significant infrastructure is already in place, including a fully functional water well and septic system, minimizing upfront development costs and expediting the construction process. This ready-to-build site eliminates the need for extensive preliminary groundwork, allowing for a swift and efficient transition from acquisition to operation. The property's location within Lubbock County, Texas, zip code 79423, offers easy access to major transportation arteries and a thriving local economy. This is a rare opportunity to secure a strategically positioned commercial property in a dynamic and growing market. Don't miss this chance to establish your business in a location designed for success.

Property profile
Verified
Property type Land
Total area 6,000 SF
Lot 5.7 ac (248,292 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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