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Marsha Sharp Fwy

12.46 Acres of Commercial Land Offered at $6,786,650 in Lubbock, TX 79407

Commercial Land Texas Lubbock Marsha Sharp Fwy, Lubbock, TX 79407

Investment Highlights

  • Highway Frontage
  • Unparalleled Visibility
  • High Traffic Counts
  • Utilities Available

Executive Summary

This prime commercial development opportunity in Lubbock, TX, offering over 12 acres of land with exceptional visibility and access. With more over 1,400 feet of frontage along Marsha Sharp Freeway, and three curb cuts, this versatile property is ideal for a variety of uses and enjoys convenient access to Loop 289, Spur 327, and the Milwaukee Avenue retail corridor. Essential utilities are available to the site, including sanitary sewer, underground electrical, and city water. The property is strategically located on the rapidly growing southwest side of Lubbock. The city boasts a growing population, diverse economy, and excellent work-life balance, making it an ideal location to invest in commercial real estate. Seller will divide.

Attachments

Lubbock Land for Sale - 12.46 Acres

Property Facts

Price $6,786,650 Property Subtype Commercial
Sale Type Investment Proposed Use Retail
No. Lots 1 Total Lot Size 12.46 AC
Property Type Land
Price $6,786,650
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 12.46 AC

1 Lot Available

Lot

Price $6,786,650 Lot Size 12.46 AC
Price Per AC $544,675
Price $6,786,650
Price Per AC $544,675
Lot Size 12.46 AC

Seller will divide. The property benefits from an agricultural exemption and was assessed at a tax value of $4,296 in 2024. A portion of the parcel is located in the 500-year flood plain.

Description

Strategically located at the intersection of Marsha Sharp Fwy and Spur 327, the property experiences high traffic visability. Spur 327 witnesses over 40,000 vehicles daily, while Marsha Sharp Freeway and Loop 289 observe over 26,000 and 68,000 vehicles per day, respectively. This site is also less than half a mile west of Milwaukee Avenue, one of the major retail corridors in Lubbock.

Links

1 of 1
(713) 773-5567 x5567

Contact

  • Listing ID: 33252072

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: Marsha Sharp Fwy, Lubbock, TX 79407

The Land Property at Marsha Sharp Fwy, Lubbock, TX 79407 is currently available for sale. Contact Moody Rambin for more information.

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Marsha Sharp Fwy
(713) 773-5567 x 5567

Marsha Sharp Fwy

Landon Cole

(713) 773-5567

x5567

(713) 773-5567 x5567

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