904 Ave D D Abernathy, TX 79311-3437
This exceptional 618-acre property presents a unique investment opportunity in rapidly growing Lubbock County, Texas. Located at the southwest corner of Highway 84 and FM 179, near Abernathy and Lubbock, this expansive parcel offers significant potential for both residential and commercial development. The land is ideally suited for a large-scale residential project, taking advantage of Shallowater's booming population growth and convenient location. The strategic positioning also provides valuable commercial frontage along major roadways, creating additional development possibilities. Priced at $3,500 per acre, totaling $2,165,000, this represents a compelling direct investment in a thriving Texas community. With its substantial size and prime location, this property offers developers a rare chance to capitalize on the area's expanding infrastructure and increasing demand for housing and commercial spaces. The address is listed as 904 Avenue E, Lubbock, TX 79401. Detailed surveys and zoning information are available upon request. Don't miss this chance to secure a significant land holding in one of Texas's most dynamic growth areas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.