Property summary
This exceptional 14.97-acre commercial land parcel presents a significant investment opportunity in Lubbock, Texas. Located at 1 Martin Luther King Jr. Boulevard, zip code 79403, this property is zoned for commercial use (Zoning 1) and offers unparalleled potential for development. Its strategic location within Lubbock County provides easy access to major transportation routes and a thriving local economy. The expansive lot size allows for a wide range of development possibilities, making it ideal for a variety of commercial ventures. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area, perfect for investors, developers, or franchisees seeking to establish a presence in a dynamic Texas market. The property's location within a designated Opportunity Zone may offer additional tax advantages. This prime commercial land is ready for your vision, offering a blank canvas to create a thriving business hub. The address is 1 Martin Luther King Jr. Boulevard, Lubbock, TX 79403. The asking price for this significant property is $650,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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