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Property profile & analytics
OFF-MARKET
Land

701 Donald Preston Dr Wolfforth, TX 79382

42001 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 42.001-acre commercial land parcel presents a unique investment opportunity in the thriving Wolfforth, Texas market. Located at 701 Donald Preston Dr, this property consists of two contiguous lots, each spanning 21,000 square feet (approximately half an acre each). Its strategic location offers unparalleled visibility and accessibility. The property enjoys a highly desirable position adjacent to First Bank and Trust, and is conveniently situated near the construction site of a new UMC facility, a Braums, and a United supermarket. This prime location ensures high traffic volume and strong potential for future growth. The property's size and location make it ideal for a variety of commercial developments, offering significant potential for return on investment. The asking price for this exceptional property is $546,000. The property is zoned for commercial use within Lubbock County, Texas, zip code 79382. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly expanding area. Don't miss this chance to secure a piece of Wolfforth's vibrant commercial landscape.

Property profile
Verified
Property type Land
Lot 42001 ac (1,829,563,560 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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