Property profile

12508 Indiana Ave Lubbock, TX 79423

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1.427-acre retail land parcel is strategically located on Indiana Avenue in Lubbock, Texas, boasting a prime position along the bustling Indiana corridor. The property is zoned C-3, offering a wide range of commercial development possibilities. The asking price is $1,740,480, translating to a competitive $28 per square foot land value. Utilities are readily available at the site, simplifying development plans. The property's address is 12508 Indiana Ave, Lubbock, TX 79423, and its APN is R98366. This location presents a unique opportunity for investors seeking high-visibility commercial development in a thriving Texas market. The property's accessibility and high-traffic location make it an ideal site for a variety of retail businesses, ensuring strong potential for return on investment. This is a rare chance to acquire a significant piece of land in a prime Lubbock location. Don't miss this opportunity to secure a valuable asset in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

12508 Indiana Ave Lubbock, TX 79423
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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