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5520 126th St

8.05 Acres of Commercial Land Offered at $1,499,000 in Lubbock, TX 79424

Investment Highlights

  • 8 acres in prime area
  • residential or commercial opportunities
  • county only taxed property inside city limit

Executive Summary

8.05 acres on 126th between Slide and Frankford Avenue inside the new Loop 88. This is being offered for re-development land and is a county only property on the tax roll. Property is highly desirable for multifamily townhome's, duplexes, apartment complex, office complex, multi-use warehouses or warehouses with stockyard's that we have also included basic format renderings for consideration of.

Attachments

5520 126th Flyer

Property Facts

Price $1,499,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Apartment Units
  • General Freestanding
  • Industrial Park
  • Office Park
Total Lot Size 8.05 AC

1 Lot Available

Lot 1

Price $1,499,000
Price Per AC $186,211
Lot Size 8.05 AC

8.05 fenced acres on 126th between Slide and Frankford Avenue inside the new Loop 88. Diverse property for commercial or residential situations.

Description

8.05 acres on 126th between Slide and Frankford Avenue inside the new Loop 88. This is being offered as re-development land and is still a county property on the tax roll. Property is highly desirable for multifamily townhome's, duplexes, or an apartment complex. We have also included basic format renderings for consideration of an office complex, multi-use warehouses or warehouses with stackyards and even a wedding venue and chapel. Diverse property for commercial or residential situations. Can still be a luxury homesite w ag exemptions home on site is complete open space demo inside.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R68885
Land Assessment
$27,900
Improvements Assessment
$0
Total Assessment
$27,900

zoning

Zoning Code County (Lubbock County Property only currently not taxed as part of city)
County (Lubbock County Property only currently not taxed as part of city)
  • Listing ID: 32278960

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 5520 126th St, Lubbock, TX 79424

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