Of Erskine & Winston Cor, Lubbock, TX 79416
This exceptional 4.96-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Strategically located at the southeast corner of Erskine and Winston Streets, this property enjoys excellent visibility and accessibility, situated just off Slide Road. Its prime location offers significant advantages, with proximity to major businesses including United Supermarkets, Lubbock Heart & Surgical Center, UMC Medical Business Center, and CVS. The property's adjacency to these established entities ensures high traffic volume and strong potential for future growth. Furthermore, its location within three miles of Texas Tech University, UMC Hospital, and Covenant Hospital guarantees a substantial and diverse customer base. The property's convenient access to Loop 289 provides easy connectivity throughout the city. The land offers considerable flexibility, with the possibility of subdividing into smaller parcels to accommodate various development needs. The asking price is $2,592,912, translating to a land value of $12 per square foot. This represents a compelling investment opportunity in a thriving Lubbock commercial corridor. Serious inquiries are encouraged.
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.