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    OFF-MARKET
    Land

    5016 Acc Rd, Lubbock, TX 79424

    0.74 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.74-acre commercial land parcel presents a remarkable development opportunity in west Lubbock, Texas. Strategically positioned at the southwest corner of 50th Street and West Loop 289, this property boasts unparalleled visibility and accessibility due to its location in a high-traffic area with convenient access to major roadways. The site offers significant advantages for developers, including readily available on-site utilities and a pre-approved curb cut by the Texas Department of Transportation (TXDOT), streamlining the development process and minimizing potential delays. The land is priced at $15 to $20 per square foot, representing a compelling investment in a rapidly expanding commercial sector. This prime location makes it suitable for a diverse range of commercial ventures, capitalizing on the strong growth and high visibility of this thriving area of Lubbock. The address is 5016 W Loop 289 Acc Rd, Lubbock, TX 79424, within Lubbock County.

    Property profile
    Verified
    Property type Land
    Lot 0.74 ac (32,234 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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