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    Retail properties & Spaces

    12508 Indiana Ave, Lubbock, TX 79423

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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