Property profile

11702 Frankford Ave Lubbock, TX 79424

OFF-MARKET
Land
3.68 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents 3.679 acres of commercially zoned land (APN R44868) located at 11702 Frankford Ave, Lubbock, TX 79424, within a newly developed professional park in Lubbock County. The property is zoned Neighborhood Commercial (NC), offering flexibility for a variety of business ventures. This is a rare chance to acquire individual lots within a thriving area, allowing businesses to build their ideal space. Whether you envision a custom-designed building to perfectly suit your operational needs or prefer collaborating with the developer on a tailored garden office or flexible workspace, this location provides the perfect canvas. The strategic location ensures easy accessibility and a professional atmosphere, ideal for attracting clients and employees. The development is situated in a high-growth area, promising significant long-term value and investment potential. Don't miss this chance to secure your place in a burgeoning commercial hub. Purchase a lot and build to suit your business needs, or explore lease options. This is a unique opportunity to establish your business in a prime location.

Property profile

Verified
Property type Land
Lot 3.68 ac (160,257 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • General Contractor

Location

11702 Frankford Ave Lubbock, TX 79424
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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