Property profile

6206 43Rd St Lubbock, TX 79407

OFF-MARKET
Land
5.32 ac lot
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Property summary

AI-generated overview

This exceptional 5.32-acre commercial and industrial land parcel in Lubbock, Texas, presents a remarkable development opportunity. Located at 6206 43rd Street, 79407, this level lot boasts convenient access to major transportation arteries, including Interstate 27, Loop 289, and the Marsha Sharp Freeway, ensuring seamless connectivity throughout the city. Priced at $1,662,480 ($7.17/sq ft), the property's versatility allows for a wide range of uses, from multi-family housing to light manufacturing. Its strategic location near Lubbock's population center makes it an ideal site for businesses seeking high visibility and accessibility. The property is easily subdivided, offering flexibility for various development plans. Furthermore, there's potential to expand the acreage by acquiring adjacent land, creating a larger 10-15 acre parcel. This prime location is particularly well-suited for distributors of commercial or consumer products, benefiting from its excellent access to major interstate routes. This is a rare opportunity to acquire a sizable, well-situated lot in a thriving Texas city.

Property profile

Verified
Property type Land
Lot 5.32 ac (231,739 SF)

Cap rate & NOI

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

Location

6206 43Rd St Lubbock, TX 79407
Lubbock metro
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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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