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Property profile & analytics
OFF-MARKET
Land

0 City Bank Pkwy Lubbock, TX 79414

1.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel presents a remarkable investment opportunity in the heart of Lubbock, Texas. Strategically located on City Bank Parkway, this property boasts excellent visibility and accessibility, with convenient access to both the Marsha Sharp Freeway and Slide Road. The site is zoned IHC, offering considerable development potential for a variety of commercial uses. Utilities are readily available on-site, simplifying the development process and reducing upfront costs. The property's central Lubbock location ensures high traffic volume and proximity to a diverse range of businesses and amenities. Across from City Bank, this tract (designated Tract D) represents a rare chance to acquire a prime piece of real estate in a thriving Texas city. The expansive lot size provides ample space for a substantial commercial development, making it ideal for businesses seeking a prominent location with strong growth potential. This is a turnkey opportunity for developers and investors looking to capitalize on Lubbock's robust commercial market. The property's location and zoning make it suitable for a wide range of commercial projects, offering significant long-term value and return on investment. The asking price is $1,137,390. Don't miss this chance to secure a prime piece of Lubbock commercial real estate.

Property profile
Verified
Property type Land
Lot 1.74 ac (75,794 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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