Listing Agency: Progressive Properties

Listed By: Jaden Timmons · License #9006918 Show Phone

Source: Crexi

Added: Nov 18, 2024 Changed: Sep 15 Last Checked: Sep 16 at 1:51PM

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Investment Insights

Based on property information with market context.

This 5-acre industrial tract offers visibility from 98th Street. The property is suited for a variety of industrial uses, with access and exposure to local traffic. The site is suitable for businesses looking to establish a presence in a developing area.

Key Highlights

• 5‑acre industrial tract
• Excellent visibility from 98th Street
• Prime location for business growth

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Skin Care Clinic

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

172

Businesses Nearby

Explore this area Business Placement

Demographics for 79404, TX

9,956

Population

4,289

Households

2.3

Avg Household Size

38

Median Age

13%

College-Educated

73%

High-School Grad

28.5 sq mi

ZIP Area

349

Density / Sq Mi

$48,642

Median Household Income

$30,654

Median Earnings

$958

Median Rent

$86,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 5-acre industrial tract with 98th Street visibility.

Where is this industrial land located?

The property is located at 504 98th St Lubbock, TX.

What is the asking price?

The asking price for this property is $1,306,800.

What are key features of this property?

This property features: 5‑acre industrial tract; Excellent visibility from 98th Street; Prime location for business growth