0 54Th St Lubbock, TX 79407
This exceptional commercial land offering presents a unique investment opportunity in Lubbock, Texas. Located in the rapidly developing Escondido Ranch, this property boasts multiple tracts ranging from 1.55 to 5.82 acres, providing flexibility for various commercial ventures. The land is strategically situated on 54th Street, between Upland and Alcove, offering convenient access to key areas like Canyon West, West End, and the Milwaukee Corridor, all within a 5-minute drive. Its proximity to Milwaukee Avenue and 50th Street ensures excellent visibility and accessibility, extending westward towards Wolfforth, TX. The asking price is $1,521,115, translating to a price per acre of $261,360. The property's zoning allows for a wide array of commercial uses, making it suitable for diverse development projects. This is a prime opportunity to capitalize on Lubbock's burgeoning commercial growth in a highly desirable location. The land is ready for immediate development, presenting a compelling investment prospect for those seeking a strategic foothold in a thriving Texas market. The area is experiencing significant expansion, making this a particularly attractive investment for long-term growth and potential appreciation. Don't miss this chance to secure a piece of Lubbock's vibrant commercial landscape. Further details regarding zoning and permitted uses are available upon request.
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.