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Property profile & analytics
OFF-MARKET
Land

0 Sec Marsha Sharp Hwy & Dowden Rd Wolfforth, TX 79382

1.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Wolfforth, Texas. Located at the intersection of Marsha Sharp Highway and Dowden Road, this property boasts convenient access to key transportation routes, making it ideal for a variety of commercial ventures. The available land parcels range significantly in size, from 1.2 acres to a substantial 11.9 acres, providing flexibility for developers and businesses with diverse needs. The land is zoned for commercial use, allowing for a wide range of development possibilities, including retail, office, and other commercial applications. This development is part of a larger, mixed-use project encompassing approximately 20 acres designated for commercial retail and office space, 11 acres for multifamily housing, a proposed 66-acre subdivision with 259 homes, and dedicated areas for parks and stormwater management. The strategic location within Wolfforth ensures easy access to both the city and southwest Lubbock, offering excellent visibility and accessibility to a large customer base. While some tracts may require elevation work due to floodplain considerations, the potential for significant return on investment is undeniable. The land value ranges from $3.50 to $13.00 per square foot, reflecting the prime location and development potential. This is a rare opportunity to acquire a substantial piece of commercial real estate in a rapidly growing Texas community. The property's location on Marsha Sharp Highway and Dowden Road in Lubbock County, Texas, zip code 79382, offers unparalleled exposure and accessibility.

Property profile
Verified
Property type Land
Lot 1.2 ac (52,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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