12508 Indiana Ave, Lubbock, TX 79423
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.