6602 Fm 179 Wolfforth, TX 79382
This exceptional 24.98-acre commercial land tract is ideally situated within the Wolfforth city limits, at the southwest corner of 66th Street and FM 179 in Lubbock County, Texas. Priced at $3,754,045 ($3.45/SF), this property presents a unique development opportunity. A pre-engineered plan and pre-plat for residential and commercial development, approved by the City of Wolfforth, are included in the sale. The tract is divisible, with an 11.05-acre portion suitable for a retail shopping center and an additional five-acre tract available for commercial use. While water is currently available on FM 179, extension to the property and sewer service (potentially through a shared pump station) will be required. The buyer will be responsible for filing the final plat, but all pre-engineering and pre-platting materials will transfer upon closing. This prime location benefits from proximity to Frenship High School (Frenship ISD), and established neighborhoods like Llano Estates and Preston Manor. Easy access to major thoroughfares like 82nd, 50th, 34th, and 19th Streets off FM 179 provides convenient access to Lubbock. A water channel with a box culvert at 66th & FM 179 will be needed for commercial development on the 11.05-acre tract. The property's strategic location and pre-approved plans make it an attractive investment for developers seeking a prime location in a thriving area.
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
Similar Nearby for Lease
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.