54Th St Lubbock, TX 79407
- Land
- 1.54 lot acres
Current Use by Public Records
- Land
Property Details for 0 54Th St
- Lot size
- 1.54 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Lubbock, Texas. Located in the burgeoning Escondido Ranch development, these tracts boast convenient access to major thoroughfares, including 50th Street, placing them within a short 5-minute drive of Canyon West, West End, and the Milwaukee Corridor. The property's strategic position just west of Milwaukee Avenue ensures easy accessibility from 50th Street, extending westward towards Wolfforth, TX. The available land parcels range significantly in size, from a minimum of 1.54 acres to a maximum of 10.74 acres, catering to a wide array of development projects. This flexibility is further enhanced by the diverse zoning designations, accommodating various commercial uses. The asking price for the land is $5,146,178, with a price per acre of $479,160. The address is situated on 54th Street in Lubbock, Lubbock County, Texas, zip code 79407. This prime location, coupled with the expansive acreage and flexible zoning, makes this an unparalleled opportunity for commercial development in a rapidly growing area of Lubbock. The property is currently in Phase II of development, indicating significant ongoing growth and investment in the surrounding area. Don't miss this chance to secure a piece of Lubbock's thriving commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.964
- Latitude
- 33.5457
