Property summary
This exceptional 9.1-acre commercial land tract presents a unique investment opportunity in Lubbock, Texas. Located at the intersection of 114th Street and Alcove Avenue, this property boasts 999.69 feet of frontage on 114th Street. Priced at $4 per square foot, this parcel offers significant potential for development. The land is zoned "Out of City Limits" in Lubbock County, zip code 79424. The area is experiencing substantial growth, with a nearby 160-acre parcel recently sold to a residential developer who brought water and utility infrastructure to the area, ensuring ample resources for future projects. This tract benefits from its location within the Frenship School District, a desirable attribute for residential and commercial development alike. The property's size and strategic location make it ideal for a variety of commercial ventures. This is a rare opportunity to acquire a sizable, well-positioned land parcel in a rapidly developing area of Lubbock. The asking price is $1,596,561.12. Don't miss this chance to secure a prime piece of Lubbock real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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