Property profile

4301 Marsha Sharp Fwy Lubbock, TX 79407

OFF-MARKET
Turn key restaurants
Property ID
US82-3750583
5,873 SF 1.29 ac lot Built 1969
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1-acre retail pad site boasts prime frontage on Marsha Sharp Freeway in Lubbock, Texas, a location experiencing over 60,000 vehicles daily. Its strategic position offers unparalleled visibility and accessibility, making it an ideal location for a variety of commercial ventures. The property's proximity to key Lubbock landmarks significantly enhances its appeal. The Lubbock Medical District, Covenant Health System, and Texas Tech University are all within close proximity, ensuring a substantial and diverse customer base. This presents a unique opportunity for businesses seeking high traffic exposure and a strong local market. The property is adaptable to various development scenarios. Potential uses include single-tenant retail, restaurants, quick-service restaurants (QSRs), or even a multi-tenant retail center. Flexible ownership options are available, including ground lease, build-to-suit arrangements, or outright sale. Located in Lubbock County, Texas, with a precise address of 4301 Marsha Sharp Fwy W, Lubbock, TX 79407, this property represents a compelling investment opportunity in a thriving Texas market. The site's high traffic count, strategic location near major institutions, and flexible development options make it a truly exceptional commercial real estate offering. This is a rare chance to secure a highly visible and accessible location in a rapidly growing area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 5,873 SF
Lot 1.29 ac (56,059 SF)
Zoning code 38
APN R48738
UPID US82-3750583

Cap rate & NOI

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

Location

4301 Marsha Sharp Fwy Lubbock, TX 79407-2518
Lubbock metro Census 1602 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2020
Price N/A

Zoning & alternative use

38 · Lubbock, TX

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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