5803 Marsha Sharp Fwy Lubbock, TX 79407
- Land
- 4.00 lot acres
Current Use by Public Records
- Land
Property Details for 5803 Marsha Sharp Fwy
- Lot size
- 4.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4-acre industrial land parcel presents a unique investment opportunity in Lubbock, Texas. Strategically situated at the intersection of Marsha Sharp Freeway and Loop 289, this property boasts unparalleled visibility and accessibility. The site is zoned IHC and offers build-to-suite and development options, catering to a variety of industrial uses. With a total asking price of $2,613,600, the land is priced at $15 per square foot. The property's super-regional location benefits from exceptionally high traffic volume, recording 113,860 vehicles per day in 2019 – the highest traffic count in Lubbock. Its proximity to major retail centers, including the West End and Canyon West Retail Centers, and approximately 1200 hotel rooms within a one-mile radius, further enhances its desirability. Utilities including water and sewer are readily available. The site offers easy ground-level access from all directions, making it ideal for businesses seeking maximum brand visibility and convenient operations. Divisible options are also available, with potential parcels of 1.5 acres ($20/SF), 0.9 acres ($17/SF), and 1.6 acres ($17/SF). This property represents a rare chance to acquire a highly visible and strategically located industrial land parcel in a thriving Texas market. The address is 5803 Marsha Sharp Fwy W, Lubbock, TX 79407.
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
- -101.941
- Latitude
- 33.5514
