Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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