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Lubbock Commercial Tract For Sale
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3602 City Bank Pkwy, Lubbock, TX 79414

98,714 SF tract near Marsha Sharp Freeway and downtown.

Property Size98,714 SF
Lot Size98,714.00 Acres
Price / SF$15
Days on Market1955

Property Features for 3602 City Bank Pkwy

General Information

Standard status Active
Size 98,714 SF
Class B
Lot size 98,714.00 Acres
Property subtype Office
Listing Agency: Westar Commercial Realty
Listed By: Blake Truett · License #TX
Source: Crexi
Added: May 5, 2021 Changed: Sep 8 Last Checked: Sep 9 at 6:08AM

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 Westar Commercial Realty

Investment Insights

Based on property information with market context.

This 98,714 square foot commercial tract is located just East of City Bank of Lubbock and behind Security Park Shopping Center. The site has utilities on site and offers access to the Marsha Sharp Freeway and downtown Lubbock. The zoning is Interstate Highway Commercial (IHC). The property is located close to the Medical District and Texas Tech University, and it is less than 5 minutes from downtown Lubbock. This platted tract is suitable for development of two or three offices for medical or general office use.

Key Highlights

  • 98,714 square foot tract with Interstate Highway Commercial (IHC) zoning.
  • Utilities are on site.
  • Great access to Marsha Sharp Freeway and downtown Lubbock.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Auto Parts Store Kitchen & Bath Showroom

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

363
Businesses Nearby

Demographics for 79414, TX

17,537
Population
9,219
Households
1.9
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,480
Density / Sq Mi
$49,637
Median Household Income
$32,127
Median Earnings
$1,100
Median Rent
$150,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 98,714 SF tract near Marsha Sharp Freeway and downtown.
Where is this commercial land located?
The property is located at 3602 City Bank Pkwy Lubbock, TX.
What is the asking price?
The asking price for this property is $1,480,710.
What are key features of this property?
This property features: 98,714 square foot tract with Interstate Highway Commercial (IHC) zoning.; Utilities are on site.; Great access to Marsha Sharp Freeway and downtown Lubbock.
(806) 797-3231 Call to check price and availability
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