Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10802 Slide Rd Lubbock, TX 79424

    • Commercial real estate
    • 0.25 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-0972490
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10802 Slide Rd

    Lot size
    0.25 lot acres
    Property type
    Commercial real estate
    APN
    R95889

    Description

    This exceptional commercial land opportunity presents three potential pad sites ideally situated on a prominent 405' x 380' frontage along Slide Road in Lubbock, Texas. The property, identified by APN R95889, boasts a generous lot size ranging from 0.25 to 3.54 acres, offering flexibility for various development scenarios. Currently zoned Auto-Urban Commercial (AC), this versatile parcel allows for a wide range of commercial uses. The seller is willing to divide the land to accommodate individual buyer needs. Existing approaches and drives are already in place, simplifying development plans. A recently completed (2024) plat is available for review, providing detailed information on lot boundaries and potential configurations. Furthermore, the property's location offers the exciting possibility of developing a high-end retail shopping center at the rear of the site, capitalizing on the high visibility and traffic flow of Slide Road. Pro rata payments are in place. This is a rare chance to acquire a prime commercial land parcel in a thriving Lubbock location. Don't miss this opportunity to secure your piece of Lubbock's commercial future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.92230037036
    Latitude
    33.495413396782

    Comparable in this City

    • Contact for pricing
      8.00 Acres

      Prime Lubbock Commercial Land

      Highly sought-after Lubbock land, ideal for development.
      1585 & Upland Hwy, Lubbock, TX 79424
      View Details
    • Contact for pricing

      Lubbock Commercial Land - 33,000 SF

      Prime Lubbock development land, ideal retail.
      6711 Milwaukee Ave, Lubbock, TX 79424
      View Details
    • Contact for pricing

      Lubbock Land: Epic Business Park Site

      Prime Lubbock location, build-ready lots.
      114 114Th St, Lubbock, TX 79424
      View Details
    • Contact for pricing
      7.10 Acres

      Loop 88 Commercial Land Tract

      7.1 Acres, Lubbock, TX - Prime Development Opportunity
      4520 Loop, Lubbock, TX 79424
      View Details
    • $275,000
      0.37 Acres

      Lubbock Industrial Land: $275K

      Prime 0.366-acre industrial lot.
      0 98Th St, Lubbock, TX 79424
      View Details
    • $2,178,000
      5.00 Acres

      Lubbock Commercial Land - 5 Acres

      Prime 5-acre commercial lot, high traffic area.
      7002 82Nd St, Lubbock, TX 79424
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.99 Acres

      Prime Lubbock Commercial Land

      3.99 Acres, C-2 Zoning, High Growth Area
      12003 Slide Rd, Lubbock, TX 79424
      View Details
    • $1,359,072
      2.60 Acres

      South Lubbock Commercial Land

      2.6 Acres, Garden Office Zoning, Prime Location
      0 Quaker Ave, Lubbock, TX 79424
      View Details
    • $588,060
      2.70 Acres

      Marsha Sharp Fwy Commercial Land

      Prime Lubbock location, heavy commercial zoning.
      7315 Marsha Sharp Fwy, Lubbock, TX 79424
      View Details
    • $175,000

      Spur 327 Commercial Lot For Sale

      Prime Lubbock land, high traffic, ideal for retail.
      5702 Spur 327, Lubbock, TX 79424
      View Details
    • Contact for pricing
      8 SF

      Lubbock Development Land For Sale

      8 acres of development land in southwest Lubbock.
      6621 66Th St, Lubbock, TX 79424
      View Details
    • $1,162,000

      Prime Commercial Land on Upland

      4.85 AC commercial land in Southwest Lubbock.
      9206 Upland Ave, Lubbock, TX 79424
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      29-Acre Development Site For Rent

      29-acre development site near Lubbock's southern growth corridor.
      11915 Quaker Ave, Lubbock, TX 79424
      View Details
    • Contact for pricing
      72,100 SF

      Commercial Land on Quaker Avenue

      6.36 acres of commercial land in South Lubbock.
      12410 Quaker Ave, Lubbock, TX 79424
      View Details
    • Contact for pricing

      Lubbock Land for Lease

      Land available for lease in developing south Lubbock area.
      11200 Quaker Ave, Lubbock, TX 79424
      View Details
    • $3 SF/Yr
      26,600 SF

      Prime Lubbock Retail Pad Site

      Grocery-anchored outparcel, high traffic location.
      11310 Slide Rd, Lubbock, TX 79424
      View Details
    • $34 SF/Yr
      2,700 SF

      Lubbock Land Ready For Development

      Prime commercial land available for ground lease or build-to-suit.
      11401 Slide Rd, Lubbock, TX 79424
      View Details
    • $138 SF/Yr
      4,684 SF

      Prime Lubbock Office & Warehouse

      4,684 SF Office/Warehouse, 20 Parking Spaces
      5929 50Th St, Lubbock, TX 79424
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10802 Slide Rd
    Lubbock, TX 79424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.