6020 4Th St Lubbock, TX 79416
This exceptional commercial land opportunity in Northwest Lubbock, located at 6020 4th Street, Tract E, offers 56,512 square feet of prime real estate. Situated near the intersection of 4th and Frankford, this property boasts excellent street frontage. The land is part of a larger development, with significant infrastructure improvements already completed by the seller. These improvements include extensive groundwork such as civil engineering, municipal water and sewer connections, fire hydrant installation, gas trenching, data conduit and boxes, electrical wiring and trenching, dirt work, and compaction testing. The property is zoned C-4, allowing for a wide range of commercial uses. This is a rare opportunity to acquire a ready-to-develop commercial parcel in a highly desirable Lubbock location. The substantial upfront infrastructure investment eliminates significant development hurdles, allowing for a streamlined and cost-effective project. Whether you envision a single building or a larger-scale development, this property presents a compelling investment opportunity in a thriving area of Lubbock, Texas. The asking price is $593,376. This property is located in Lubbock County, Texas, with a zip code of 79416.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.