Property profile

6711 Milwaukee Ave Lubbock, TX 79424

FOR SALE
Commercial land
Property ID
US82-7329099
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Property summary

AI-generated overview

Located on the east side of Milwaukee Avenue just north of 68th Street in Lubbock, TX. PRIME development land is available in the rapidly growing Milwaukee corridor, located in the heart of southwest Lubbock. This development is situated just half a mile south of Canyon West, a mixed-use development with over 800,000 square feet of space, anchored by Super Target, Sam’s and PetSmart. Additionally, it is conveniently located approximately one mile from a new Super Walmart. The Milwaukee corridor serves as the main transportation route between these two prominent retail centers, and it is the newest major north-south corridor in Lubbock, connecting U.S. Highway 84 (Clovis Hwy.) to the future Loop 88. This tract of land presents an excellent opportunity and is ready for retail development.

Property profile

Verified
Property type Commercial land
UPID US82-7329099

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6711 Milwaukee Ave Lubbock, TX 79424
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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