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3111 N Frankford Ave - 3015-3111 N Frankford Ave

41.87 Acres of Commercial Land Offered at $628,050 in Lubbock, TX 79416

Investment Highlights

  • 37 AC is fenced and includes a water well, with a mobile home, water well and septic.
  • Approximately 235' frontage with a second 30' Frankford access.
  • Has city water along Frankford; waterline and fire hydrants are on west side of Frankford.
  • Prime development opportunity
  • Located in Lubbock city limits and in the Shallowater ISD School District.

Executive Summary

Invest in a prime commercial development opportunity located at 3015-3111 N Frankford, Lubbock, TX 79416! This property comprises two parcels totaling approximately 41.87 AC, offering significant potential for development. Approximately 235' frontage with a second 30' Frankford access. 37 AC is fenced and includes a water well, with a mobile home, water well and septic. The property has an ag exemption. Located in Lubbock city limits and in the Shallowater ISD School District (south 8.15 AC portion in Frenship ISD), the property also has city water along Frankford; waterline and fire hydrants are on west side of Frankford. This unique investment opportunity is ideal for discerning investors seeking a versatile and strategically located development site. View more listings at www.lubbockcommercialrealestate.com

Property Facts

Price $628,050
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 41.87 AC

1 Lot Available

Lot

Price $628,050
Price Per AC $15,000
Lot Size 41.87 AC

Description

The Powell Group is pleased to offer a chance to acquire over 41 acres of strategically located land at N. Frankford in NW Lubbock. Totaling 41.87 AC, it offers exceptional potential for commercial development, with two distinct sections and flexible pricing options. The north section (approximately 23 AC) includes a 5 AC entry from Frankford. The south section includes approximately 18.8 AC with direct access from Frankford making it ideal for commercial or residential development. For those looking to acquire the entire property, pricing is at $15,000/AC. If divided, the price adjusts to $18,000/AC. Approximately 235' frontage with second 30' Frankford access. 37 AC is fenced and includes water well, mobile home, and septic. Property has an Ag exemption. Located in Lubbock city limits and in the Shallowater ISD School District (south 8.15 AC portion in Frenship ISD), the property also has city water along Frankford; waterline and fire hydrants are on west side of Frankford. See potential layout for an RV park on Tract A, on flyer (Zoning secured by Buyer).

zoning

Zoning Code SF-2
SF-2
  • Listing ID: 32618482

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 3111 N Frankford Ave, Lubbock, TX 79416

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