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Commercial Land with Billboard
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3501 Parkway Drive, Lubbock, TX 79403

Commercial land divided into two legal parcels, with an existing billboard on one tract.

Property Size84,071 SF
Price / SF$0.40
Days on Market53

Property Features for 3501 Parkway Drive

General Information

Standard status Active
Size 84,071 SF
Property subtype Land
Listing Agency: Keller Williams Realty
Listed By: Houston Garrett · License #TX 0740265
Source: Crexi
Added: Aug 6 Changed: Sep 22 Last Checked: Sep 26 at 5:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

This commercial land offering totals 1.5 acres and is divided into two separate legal parcels. The configuration provides distinct tracts within one offering and may accommodate separate ownership or disposition, subject to applicable requirements.

A billboard is situated on the 1-acre tract. Its lease is up for renewal, with the available terms allowing the arrangement to be renegotiated or the billboard removed.

Key Highlights

  • 1.5 acres of commercial land
  • Two separate legal parcels
  • Billboard located on the 1‑acre tract

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Hair Salon HVAC Service Spa & Massage Center Restaurant Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 79403, TX

15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land divided into two legal parcels, with an existing billboard on one tract.
Where is this commercial land located?
The property is located at 3501 Parkway Drive Lubbock, TX.
What is the asking price?
The asking price for this property is $34,000.
What are key features of this property?
This property features: 1.5 acres of commercial land; Two separate legal parcels; Billboard located on the 1‑acre tract
(806) 544-7343 Call to check price and availability
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