Property summary
This exceptional 6.5-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Located at 505 N MLK Blvd, the property boasts significant frontage on MLK Boulevard, offering high visibility and accessibility. The site is strategically positioned near Estacado High School, residential neighborhoods, and apartment complexes, ensuring a robust surrounding community. Its proximity to Texas Tech University and the medical district, coupled with its convenient location near Lubbock Preston Smith International Airport and downtown Lubbock, makes this land highly desirable for a variety of commercial developments. The property features approximately 300 feet of depth and benefits from existing water and sewer access to the site. Adding to its versatility, the 6.4-acre tract is suitable for subdivision, allowing for flexibility in development plans. With an estimated 10,000 vehicles passing daily, this location offers unparalleled exposure for any commercial venture. This prime commercial land is ready for your vision, offering a blend of accessibility, visibility, and potential in a thriving Texas city. The property is zoned for commercial use and is located in Lubbock County, Texas, with a zip code of 79403. The coordinates are 33.6038532 latitude and -101.8199173 longitude.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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