701 Donald Preston Dr Wolfforth, TX 79382
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.
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.
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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.