Multifamily Development Land
For Sale
Contact for pricing
NEC N Frankford & Princeton, Lubbock, TX 79416
8 acres of land ideal for residential complex development.
Property SizeContact for details
Lot Size8.00 Acres
Days on Market853
Property Features for NEC N Frankford & Princeton
General Information
Standard status
Active
Lot size
8.00 Acres
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Capital Advisors
(806) 470-4988
Listed By:
Chase Tucker · License #631170
Source:
Crexi
Added: Apr 24, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:04AM
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 Coldwell Banker Commercial Capital Advisors
Investment Insights
Based on property information with market context.
Located in northwest Lubbock, near 4th & Frankford, this 8-acre site is ideal for a residential complex, such as apartments, townhouses, or mixed-use developments. The property is positioned to attract residents seeking convenience and connectivity due to its proximity to local amenities, major roads, Texas Tech University, and the medical district. Water has been brought to the property, and sewer services are located approximately 1,000 feet to the south, enhancing development readiness. Lubbock is home to Texas Tech University, the seventh-largest university in Texas, with 40,666 students enrolled. The city is known for its iconic musicians, artists, theaters, wineries, breweries, and diverse cuisine. The Lubbock area grows 90 percent of all Texas wine grapes and nearly half of the nation’s cotton. Lubbock has the reputation of being a hub for fast-growing industries and sees more than six million travelers annually. With the city’s constant residential and commercial growth, the opportunities for expansion are endless, making Lubbock a wonderful place for businesses real estate to thrive.
Key Highlights
- Prime location in northwest Lubbock near 4th & Frankford, ideal for residential development.
- 8 acres of multifamily development land suitable for apartments, townhouses, or mixed‑use developments.**
- Proximity to Texas Tech University and the Medical District.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 8 acres of land ideal for residential complex development.
Where is this residential land & home lot located?
The property is located at NEC N Frankford & Princeton Lubbock, TX.
What is the asking price?
The asking price for this property is $1,543,417.
What are key features of this property?
This property features: Prime location in northwest Lubbock near 4th & Frankford, ideal for residential development.; 8 acres of multifamily development land suitable for apartments, townhouses, or mixed‑use developments.**; Proximity to Texas Tech University and the Medical District.
