Property profile

50th And Upland Lubbock, TX 79407

OFF-MARKET
Land
1.54 ac lot
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Property summary

AI-generated overview

This 1.54-acre commercial and industrial land parcel, situated in Lubbock, Texas, is part of Escondido Ranch's Phase II development. Located at the intersection of 50th Street and Upland Avenue, zip code 79407, this property offers convenient access to key areas including Canyon West, West End, and the Milwaukee corridor, all within a five-minute drive. The lot is easily accessible from 50th Street, extending westward towards Wolfforth. Priced at $469,576, this represents a land value of $304,919 per acre. The property's zoning allows for a variety of commercial uses, making it suitable for diverse development projects. Its location within a thriving, expanding area presents a significant opportunity for investors seeking commercial development land in Lubbock. The property is part of a larger development with tracts ranging from 1.54 to 32 acres, providing options for various project scales. This prime location near Milwaukee Avenue offers excellent visibility and accessibility. The property is ready for development and presents a compelling investment opportunity in a rapidly growing area of Lubbock.

Property profile

Verified
Property type Land
Lot 1.54 ac (67,082 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50th And Upland Lubbock, TX 79407
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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