5611 50Th St Lubbock, TX 79414
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5611 50Th St
- Property type
- Commercial real estate
- APN
- R351375
Description
This exceptional 14,637 square foot commercial land parcel, located within the Dominion Office Park at 5611 50th St, Lubbock, TX 79414, presents a prime opportunity for development. The property is zoned G-O and is part of a planned garden office development, with five additional lots available. The existing plat allows for the construction of up to six individual office buildings, each with a maximum size of 4,400 square feet. One lot is already sold and occupied, demonstrating the viability and desirability of this location. The asking price for this lot is $237,355, translating to a land value of $16 to $18 per square foot. The property's APN is R351375, and ownership is held by TX5600 LLC. This is an excellent investment opportunity for developers seeking to capitalize on the growing commercial sector in Lubbock, Texas. The property's convenient location and established infrastructure make it an attractive option for businesses seeking a modern and efficient workspace. Serious inquiries are encouraged. This is a ready-to-build lot, perfect for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.9338166
- Latitude
- 33.5479884
