7100 Alcove Ave Lubbock, TX 79382
- Land
- 1.89 lot acres
Current Use by Public Records
- Land
Property Details for 7100 Alcove Ave
- Lot size
- 1.89 lot acres
- Property type
- Land
Description
This 1.885-acre commercial and residential land parcel in Wolfforth, Texas, presents a compelling investment opportunity. Located at 7100 Alcove Ave, Lubbock County, TX 79382, this rectangular lot boasts two street frontages, offering excellent accessibility and visibility. The property is ideally situated between established apartment complexes (The Reserves at Preston Trails, 117 units built in 2017) and newer duplexes (built 2020 and later), indicating strong rental demand in the immediate vicinity. Priced at $250,000 ($3.04/sq ft), this level lot features PD zoning permitting multi-family development. Free of trees, flood concerns, and unusual easements, the site is ready for development. All city utilities are readily available. This location is well-suited for a small multi-family apartment complex, or other neighborhood-serving developments such as a church. The APN is R329499.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.992
- Latitude
- 33.5282
