7315 Marsha Sharp Fwy, Lubbock, TX 79424
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.
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
Similar Nearby for Sale
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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.