Property profile

504 98Th St Lubbock, TX 79404

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre property, located at 504 98th Street in Lubbock, Texas, presents a remarkable opportunity for industrial development. Situated in Lubbock County, zip code 79404, this land boasts unparalleled visibility from 98th Street, ensuring high traffic exposure for any business. The property's classification includes Agricultural, Commercial, and Industrial uses, offering significant versatility for a wide range of potential projects. With its expansive 5-acre lot size, there's ample space for construction and future expansion, making it ideal for businesses seeking to establish a substantial presence in a thriving area. The asking price for this strategically located land is $1,306,800. Ownership is held by IRON HORSE ESTATES LLC. This is a rare chance to acquire a highly visible and versatile industrial site in a rapidly growing part of Lubbock. The property's location offers easy access to local transportation networks, further enhancing its appeal to businesses seeking convenient logistics. Don't miss this opportunity to secure a prime piece of Lubbock real estate. The coordinates are 33.505304 latitude and -101.8416294 longitude.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

504 98Th St Lubbock, TX 79404
Lubbock metro
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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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