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    OFF-MARKET
    Land

    7315 Marsha Sharp Fwy, Lubbock, TX 79424

    2.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.7-acre commercial land parcel presents a compelling investment opportunity in Lubbock, Texas. Strategically located on Marsha Sharp Freeway, this property boasts excellent visibility and high traffic counts, making it ideal for a variety of commercial ventures. The asking price is $588,060, translating to a land value of $5 per square foot. The property is zoned IHI (Interstate Hwy Ind & Light Mfg), permitting a wide range of industrial and light manufacturing uses. While a portion of the land falls within a designated flood zone, the majority of the acreage is readily reclaimable with minimal on-site earthwork. This presents a unique chance to acquire a sizable, well-positioned commercial lot at an attractive price point, offering significant potential for development and return on investment. The address is 7315 Marsha Sharp Fwy W, Lubbock, TX 79424, within Lubbock County. This prime location offers easy access to major transportation arteries, ensuring convenient logistics for any business. The property's size and zoning make it suitable for a variety of uses, including warehouse showrooms, distribution centers, or other commercial developments. Don't miss this chance to secure a valuable piece of Lubbock commercial real estate.

    Property profile
    Verified
    Property type Land
    Lot 2.7 ac (117,612 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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