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    1301 Frankford Ave Lubbock, TX 79416

    For Sale
    $834,261

    Lubbock development land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 138.04 acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically situated at the northwest corner of Frankford Avenue & Kemper Street, this property enjoys a highly desirable location nestled between two of Lubbock's newest and most sought-after subdivisions: Uptown West and Lincoln 16. Priced at $834,261.12, or $6 per square foot, this land offers significant potential for commercial development. The owner is willing to subdivide the property into one-acre sections, providing flexibility for various development plans. All utilities are conveniently in place, making this site ready for immediate construction. The property is zoned within the Frenship Independent School District. Furthermore, its proximity to major institutions like Texas Tech University, University Medical Center, and Covenant Health Systems (all within a 10-minute drive) ensures high visibility and accessibility, making it an ideal location for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area of Lubbock, poised for significant future appreciation. Don't miss this chance to secure your stake in this thriving Texas market.

    Property Features for 1301 Frankford Ave

    General Information

    Property type
    Land

    HighLights

    • 138.04‑acre commercial land parcel in Lubbock, TX, at the northwest corner of Frankford Ave & Kemper St.
    • Priced at $834,261.12 ($6/sq ft).
    • Located between Uptown West and Lincoln 16 subdivisions.
    • Owner will subdivide into one‑acre sections.
    • Utilities are in place, ready for immediate construction.
    • Zoned in Frenship ISD, near Texas Tech, UMC, and Covenant Health.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.93990358514
    Latitude
    33.612061498517

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    FAQs

    What type of property is this?
    Land - Lubbock development land, prime location.
    Where is this land located?
    The property is located at 1301 Frankford Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $834,261.
    What are key features of this property?
    This property features: 138.04-acre commercial land parcel in Lubbock, TX, at the northwest corner of Frankford Ave & Kemper St.; Priced at $834,261.12 ($6/sq ft).; Located between Uptown West and Lincoln 16 subdivisions.
    (806) 784-3298
    Request Owner's contact information
    1301 Frankford Ave Lubbock, TX 79416
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    Lubbock, TX 79416
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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
    1301 Frankford Ave Lubbock, TX 79416
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