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    OFF-MARKET
    Land

    Lubbock, TX 79416

    36.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 36.6 ac (1,594,296 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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