6700 M.l.k. Jr Blvd Lubbock, TX 79404
This exceptional 56.99-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Located at 6700 M.L.K. Jr. Blvd, this property boasts an advantageous M-1 zoning designation, opening doors to a wide array of commercial development possibilities. The asking price is $1,282,275, translating to a competitive $25,000 per acre. Its strategic location offers excellent accessibility and visibility. The land sits conveniently south of prominent businesses including Llano Logistics and a United Supermarket warehouse, ensuring high traffic flow and strong potential for future growth. Furthermore, its proximity to the Slaton Highway and Loop 289 provides easy access to major transportation arteries, enhancing its logistical appeal for businesses requiring efficient distribution networks. The property's APN is Lubbock, and the address is precisely 6700 M.L.K. Jr. Blvd, Lubbock, TX 79404. This prime location, combined with the substantial acreage and favorable zoning, makes this property an ideal investment for developers seeking a strategic foothold in the thriving Lubbock commercial market. The property is ready for immediate development, offering a rare chance to capitalize on the area's robust economic growth.
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
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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.