Current Use by Public Records
- Office Spaces
Property Details for 3602 City Bank Pkwy
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
Exceptional development opportunity in Lubbock, Texas! This 98,714 square foot, platted tract is ideally situated at 3602 City Bank Parkway, offering unparalleled access to Marsha Sharp Freeway and downtown Lubbock (under 5 minutes away). The property boasts convenient proximity to the Medical District and Texas Tech University. Zoned as Interstate Highway Commercial (IHC), utilities are already on-site. This prime location is perfect for the construction of two or three office buildings, catering to various needs, including medical, general office, or legal practices. The asking price is $1,480,710, translating to $15 per square foot. The property's Class B designation reflects its potential for significant value enhancement through new construction. Consider this a rare chance to acquire a large, well-located parcel ready for immediate development in a thriving Texas city. The site's location east of City Bank of Lubbock and behind Security Park Shopping Center ensures high visibility and accessibility. This is an excellent investment opportunity for developers seeking a strategic location with strong potential for return.
Value Estimations
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AI approach
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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
- -101.924
- Latitude
- 33.5606
