9401 Highway 87 Lubbock, TX 79423
- Land
- 9.00 lot acres
Current Use by Public Records
- Land
Property Details for 9401 Highway 87
- Lot size
- 9.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional offering presents two contiguous 4.5-acre industrial land parcels ideally situated along Highway 87 in Lubbock County, Texas. Each lot boasts excellent highway frontage on the east side of Hwy 87, along the north frontage road. The southernmost parcel is conveniently located north of Absolute Nationwide Storage and south of Delta Signs, while the northern parcel sits north of Absolute Offices. The combined acreage totals nine acres, presenting a significant opportunity for development. The property is located outside city limits, meaning water and sewer services will utilize well and septic systems for any constructed buildings. While limited deed restrictions will be in place prior to sale, allowing for a wide range of potential uses, prospective buyers should inquire about specific limitations. The ample space allows for Texas Department of Transportation (TxDOT) approval of individual lot entrances; however, for multi-building developments, a shared entrance from the Hwy 87 access road may be necessary to manage traffic flow. This property is priced at $1,166,319 and offers a unique chance to acquire substantial industrial land in a rapidly growing area. The zip code is 79423.
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
- -101.843
- Latitude
- 33.452
