1301 Frankford Ave Lubbock, TX 79416
This exceptional 138.04 acre commercial land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically situated at the northwest corner of Frankford Avenue & Kemper Street, this property enjoys a highly desirable location nestled between two of Lubbock's newest and most sought-after subdivisions: Uptown West and Lincoln 16. Priced at $834,261.12, or $6 per square foot, this land offers significant potential for commercial development. The owner is willing to subdivide the property into one-acre sections, providing flexibility for various development plans. All utilities are conveniently in place, making this site ready for immediate construction. The property is zoned within the Frenship Independent School District. Furthermore, its proximity to major institutions like Texas Tech University, University Medical Center, and Covenant Health Systems (all within a 10-minute drive) ensures high visibility and accessibility, making it an ideal location for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area of Lubbock, poised for significant future appreciation. Don't miss this chance to secure your stake in this thriving Texas market.
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
Similar Nearby for Sale
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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.