Property profile

0 66Th St Lubbock, TX 79407

OFF-MARKET
Land
6.99 ac lot
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Property summary

AI-generated overview

This exceptional 6.99-acre commercial and industrial land parcel presents a remarkable development opportunity in Lubbock, Texas. Located at the high-traffic intersection of Marsha Sharp Freeway and 66th Street, this property boasts over 200 feet of frontage on both major thoroughfares, ensuring unparalleled visibility for any future development. The site benefits from convenient access to essential utilities, including sanitary sewer, and experiences daily traffic counts exceeding 20,000 vehicles. Priced at $3,806,000, or $12.50 per square foot, this land offers significant potential for a variety of commercial or industrial uses. Situated in the rapidly expanding southwest sector of Lubbock, this location capitalizes on the city's growing population, diverse economy, and attractive work-life balance. The property's strategic location and high visibility make it an ideal investment for developers seeking a prime location in a thriving Texas market. The address is 6.99 AC on Marsha Sharp and 66th St, Lubbock, TX 79407, within Lubbock County.

Property profile

Verified
Property type Land
Lot 6.99 ac (304,484 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

66Th St Lubbock, TX 79407
Lubbock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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