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    FOR SALE
    Commercial real estate

    7341 4Th St, Lubbock, TX 79416

    5.2 ac lot
    Property ID
    US82-4300228
    Property summary
    AI-generated overview

    This exceptional 5.2-acre property located at 7341 4th Street in Lubbock, Texas, presents a remarkable opportunity for developers and investors. Situated in Lubbock County, zip code 79416, this expansive lot boasts Highway Commercial (IHC) zoning, offering significant flexibility for a variety of commercial and residential uses. The property enjoys prominent 4th Street frontage, ensuring high visibility and accessibility. Its location within the desirable Frenship School District is an added advantage for potential residential developments. Furthermore, this elevated parcel sits above the flood plain, eliminating flood risk concerns. With its generous size and strategic location, this land parcel is ideally suited for a diverse range of projects, from retail centers and office buildings to residential subdivisions. The asking price is $425,000. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a prime piece of Lubbock real estate with exceptional development potential. The coordinates are 33.591266 latitude and -101.978281 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.2 ac (226,512 SF)
    UPID US82-4300228
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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