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    7409 Marsha Sharp Fwy Hwy Lubbock, TX 79424

    For Sale
    $750,000

    LAND - Lubbock, TX

    Lot size:
    1.80 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 12 at 4:06 pm

    Property Features for 7409 Marsha Sharp Fwy Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    TAX ID NOT FOUND
    Lot size
    1.80 Acres

    WTX Realty, LLC (806) 777-4524

    Listing agent Henry Gomez (806) 939-8535 License #0784703

    Listing date Nov 4, 2025

    MLS# 202408047 Listing URL

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Lot on Highway

    This 1.8-acre commercial lot is located on Hwy 62-82 in Southwest Lubbock, across from Marsha Sharp Freeway. Situated in a thriving development area near the new Grace Surgical Hospital, the parcel offers potential for various commercial uses. The property is suitable for industrial offices, general businesses, restaurants, or any high-traffic commercial project. It benefits from visibility and accessibility for vehicles exiting the highway. The property has frontage on Hwy 62-82 and is located in a high-traffic development area. There are 2 wells and 2 septic tanks on the property. The lot is lined with pine trees. All items on the land will be cleared, except for the home, red barn, and chicken coop.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.98
    Latitude
    33.4516

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    FAQs

    What type of property is this?
    Commercial land - 1.8-acre commercial lot with highway frontage in thriving area.
    Where is this commercial land located?
    The property is located at 7409 Marsha Sharp Fwy Hwy Lubbock, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime 1.8-acre commercial lot with direct frontage on Hwy 62-82.; - High-traffic location in a thriving development area across from Marsha Sharp and near Grace Surgical Hospital.; - Ideal for various commercial uses: industrial offices, general businesses, restaurants, or high-traffic commercial projects.
    (806) 939-8535
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    Realmo Value Estimation

    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.

    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.

    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
    7409 Marsha Sharp Fwy Hwy Lubbock, TX 79424
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