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    Seq Marsha Sharp & Dowden Lubbock, TX 79382

    For Sale
    $2,227,309

    Prime Lubbock-area development land. High growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 12.783-acre commercial land parcel presents a remarkable investment opportunity in the thriving Wolfforth, Texas market. Located near the intersection of Marsha Sharp Freeway and Dowden Road, this property boasts a premium location ideally suited for a variety of development projects. The site's zoning allows for apartments, townhouses, or mixed-use developments, catering to the growing demand for housing in the area. Utilities are currently being extended to the site, significantly reducing development hurdles and accelerating project timelines. Its strategic proximity to key amenities, major transportation arteries, and essential services ensures convenient access for future residents. This location offers significant advantages, attracting individuals and families seeking a blend of suburban tranquility and urban convenience. The property's size and location make it an excellent choice for developers seeking to capitalize on Wolfforth's burgeoning housing market and create a thriving residential community. The asking price for this exceptional land is $2,227,309.92. This represents a compelling investment opportunity in a high-growth area with strong potential for significant returns. The property is situated in Lubbock County, Texas, with a zip code of 79382.

    Property Features for 0 Seq Marsha Sharp & Dowden

    General Information

    Property type
    Land
    Lot Size
    556,827 SF

    HighLights

    • $2,227,309.92 asking price
    • 12.783‑acre commercial land parcel
    • Located in Wolfforth, TX, near Marsha Sharp Freeway
    • Ideal for apartments, townhouses, or mixed‑use development
    • Utilities are being installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9918779
    Latitude
    33.4689376

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    FAQs

    What type of property is this?
    Land - Prime Lubbock-area development land. High growth potential.
    Where is this land located?
    The property is located at Seq Marsha Sharp & Dowden Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,227,309.
    What are key features of this property?
    This property features: $2,227,309.92 asking price; 12.783-acre commercial land parcel; Located in Wolfforth, TX, near Marsha Sharp Freeway
    (806) 470-4988
    Request Owner's contact information
    Seq Marsha Sharp & Dowden Lubbock, TX 79382
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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
    Seq Marsha Sharp & Dowden Lubbock, TX 79382
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