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7341 4Th St Lubbock, TX 79416

Land Google Maps
5.2 ac lot
Estimated value
No estimation on file for this property yet.
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 Land
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

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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More about this property
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