Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8503 19Th St Lubbock, TX 79416
    Back to Search
    Property profile & analytics

    8503 19Th St Lubbock, TX 79416

    View on Map
    • Land
    • 1.90 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8503 19Th St

    Lot size
    1.90 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 75-acre± development site in Lubbock, Texas, presents a unique investment opportunity. Located at the intersection of 19th Street (Hwy 114) and FM 179, this property boasts over 15,450 vehicles per day, ensuring high visibility and accessibility. The land is zoned for commercial use and offers ample space for a variety of developments, including low-density residential, master-planned communities, retail, quick-service restaurants (QSRs), supermarkets, storage facilities, gas stations, or restaurants. Its strategic location provides quick access to the future Loop 88 (less than 0.5 miles) and Loop 289 (2 miles), enhancing its appeal and connectivity. The property's proximity to Lubbock Christian University, two Betenbough neighborhoods, Texas Tech University, and the future Gebo's development further underscores its growth potential. With frontage available on both 19th Street and FM 179, this site offers unparalleled flexibility for developers seeking a prime location in a thriving area. The lot size ranges from 1.9 to 75 acres, and the land value ranges from $6 to $17.5 per square foot. The property is offered fee simple. This is an exceptional opportunity to capitalize on the robust growth and development in Northwest Lubbock.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -102.005
    Latitude
    33.5778

    Comparable in this City

    • Value Estimation by Request
      3.21 Acres

      19th And Inler

      Land • 139,828 SF
      19th And Inler, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      3.10 Acres

      8611 4Th St

      Land • 3.10 Acres
      8611 4Th St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      11.41 Acres

      2109 Frankford Ave

      Land • 11.41 Acres
      2109 Frankford Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      27.42 Acres

      6204 4Th St

      Land • 27.42 Acres
      6204 4Th St, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      1.00 Acre

      & CR 6400 Milwaukee Ave

      Farms • 1.00 Acre
      & CR 6400 Milwaukee Ave, Lubbock, TX 79416
      View Details
    • Value Estimation by Request
      5.00 Acres

      4501 Ursuline St

      Multifamily properties • 5.00 Acres
      4501 Ursuline St, Lubbock, TX 79416
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      431.7 Acres Development Opportunity

      431.7 acres suitable for residential, commercial, or recreational development.
      6300 Shallowater Dr, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Development Site on Frankford Avenue

      11.41-acre lot with house, barn, and well.
      2109 N Frankford Ave, Lubbock, TX 79416
      View Details
    • $195,000
      5.78 Acres

      Lubbock Land Near Future Growth

      5.78 acres in Lubbock, TX, near future development.
      Lubbock, TX 79416
      View Details
    • Contact for pricing

      Lubbock Land For Sale

      Land available for sale in Lubbock, Texas.
      2631 Iola Ave, Lubbock, TX 79416
      View Details
    • $694,890
      7.09 Acres

      Lubbock Commercial Land - I-27 & Loop 289

      7.09 Acres, Prime Lubbock Location
      289 Swq I-27 & Loop, Lubbock, TX 79416
      View Details
    • Contact for pricing

      12.5 Acres Near Wolfforth

      Large land tract north of Wolfforth, outside Lubbock city limits.
      4th & Inler - 12.5 Ac, Lubbock, TX 79416
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      10,000 SF

      Prime Lubbock Retail Pad Sites

      Development-ready pads near United Supermarket
      0 Lubbock Tx, Lubbock, TX 79416
      View Details
    • $6,500 /Mo
      7,232 SF

      Class A Warehouse with Offices

      Warehouse with offices, reception, conference room, and secured stack yard.
      6621 Xenia Ave, Lubbock, TX 79416
      View Details
    • Contact for pricing
      3,600 SF

      Office/Warehouse on Acre Lot

      Office and warehouse space for lease on approximately one acre.
      5914 County Road 6300, Lubbock, TX 79416
      View Details
    • $4,500 /Mo
      11,400 SF

      Lubbock Commercial Property with Warehouse

      4.625-acre property featuring renovated office, warehouse, and ag barn.
      510 Valencia Ave, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Prime Corner Land Parcel Available

      1.39 acre commercial land with high visibility and frontage.
      19th St & Loop W, Lubbock, TX 79416
      View Details
    • Contact for pricing

      Corner Land Near Loop 289

      Land with high traffic count and access to Loop 289.
      801 N Quaker Ave, Lubbock, TX 79416
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8503 19Th St
    Lubbock, TX 79416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8503 19Th St, Lubbock, TX, 79416
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!