Lubbock, TX 79416
This exceptional 36.6-acre commercial land parcel presents a significant investment opportunity in Lubbock, Texas. Strategically located on North FM 179 and 4th Street, in Lubbock County, zip code 79416, this property boasts high visibility and accessibility, making it ideal for a variety of commercial ventures. The seller is willing to consider splitting the property. Pricing varies by location within the parcel: the hard corner is priced at $6 per square foot, while the 4th Street frontage is offered at $4.50 per square foot. This expansive tract offers versatile development potential, situated in a rapidly growing area along the planned Loop 88, benefiting from the heavy traffic flow between Lubbock and Shallowater. The property's location within the Frenship ISD adds to its appeal. Its proximity to key transportation routes and amenities, combined with its surrounding growing communities and consumer traffic, ensures strong potential for future returns. This is an unparalleled opportunity for investors seeking to capitalize on the thriving Lubbock market and create a customized retail or land development project. The property's size and location make it suitable for a wide range of commercial uses, offering significant long-term growth prospects.
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.