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Property profile & analytics
OFF-MARKET
Land

6700 M.l.k. Jr Blvd Lubbock, TX 79404

56.99 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 56.99 ac (2,482,484 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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