309 Quinn St Lubbock, TX 79403
This exceptional 1.25-acre commercial land parcel, located at 309 E Quinn St in Lubbock, Texas, presents a compelling investment opportunity. Zoned R-1, the property offers significant potential for redevelopment. The asking price is $214,000, translating to a land value of $6.90 per square foot. The site's dimensions are approximately 31,000 square feet, with potential subdivision possibilities. Detailed breakdown of potential subdivisions includes Tract A (approximately 31,000 sq ft), Tract B (approximately 15,500 sq ft), and Tract C (approximately 7,750 sq ft), with individual pricing estimates provided separately. This property boasts convenient access to Regis St and enjoys a strategic location just south of Preston Smith International Airport, offering excellent visibility and accessibility. The property's R-1 zoning allows for a variety of commercial uses, making it an ideal site for developers seeking a prime location in a growing area of Lubbock. This is a rare opportunity to acquire a sizable commercial lot in a desirable location with high potential for future growth and development. The property is situated in Lubbock County, Texas, with a zip code of 79403. The coordinates are 33.6424579 latitude and -101.8329354 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.