8315 Indiana Ave Lubbock, TX 79423
This exceptional 3.12-acre commercial land parcel is ideally situated in Lubbock, Texas, at 8315 Indiana Ave, 79423, near the high-traffic intersection of 82nd Street and Indiana Avenue. Zoned Neighborhood Commercial (NC), this property offers immediate development potential with utilities already in place. The lot's size provides ample space for a variety of commercial or mixed-use projects, ensuring excellent visibility and accessibility for any business. Its location provides convenient access to major thoroughfares and local amenities. This ready-to-build site presents a unique opportunity for investors seeking a high-impact commercial development project in a thriving Lubbock location. The asking price is $1,540,000. This offering specifically excludes any land or buildings currently occupied by Sharp Academy. The property is located in Lubbock County and boasts a prime location for attracting significant customer traffic. This is a turn-key opportunity for immediate development, eliminating the need for extensive pre-construction preparations. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
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LubbockLDC Training Center Tutoring Service
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Sharp Academy High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.