0 Seq Marsha Sharp & Dowden Lubbock, TX 79382
This exceptional 12.783-acre commercial land parcel presents a remarkable investment opportunity in the thriving Wolfforth, Texas market. Located near the intersection of Marsha Sharp Freeway and Dowden Road, this property boasts a premium location ideally suited for a variety of development projects. The site's zoning allows for apartments, townhouses, or mixed-use developments, catering to the growing demand for housing in the area. Utilities are currently being extended to the site, significantly reducing development hurdles and accelerating project timelines. Its strategic proximity to key amenities, major transportation arteries, and essential services ensures convenient access for future residents. This location offers significant advantages, attracting individuals and families seeking a blend of suburban tranquility and urban convenience. The property's size and location make it an excellent choice for developers seeking to capitalize on Wolfforth's burgeoning housing market and create a thriving residential community. The asking price for this exceptional land is $2,227,309.92. This represents a compelling investment opportunity in a high-growth area with strong potential for significant returns. The property is situated in Lubbock County, Texas, with a zip code of 79382.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.