Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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