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    505 Mlk Blvd Lubbock, TX 79403
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    505 Mlk Blvd, Lubbock, TX 79403

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    • Land
    • 6.50 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 505 Mlk Blvd

    Lot size
    6.50 lot acres
    Property type
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.82
    Latitude
    33.6039
    More about this property
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