SEC 98th Street & Upland Avenue

Lubbock, TX

Land for Sale


Agent Info

Beau Tucker
Coldwell Banker Commercial Capital Advisors

Property Info

CIMLS#1163320
Location
  SEC 98th Street & Upland Avenue
  Lubbock TX 79424
UpdatedJuly 31st, 2024
TypeLand
PriceUpon Request

Property Description

LOCATION

Located in southwest Lubbock at the southeast corner of 98th Street and Upland Avenue.

DESCRIPTION

Welcome to a prime investment opportunity encompassing multiple tracts of land situated in the flourishing southwest region of Lubbock, well within the boundaries of the sought-after Frenship Independent School District (FISD). This location is ideal for developers keen on leveraging the remarkable growth trajectory witnessed in the area over the past four years, characterized by a doubling of both housing and population within 1-mile and 3-mile radii. Close proximity to the Milwaukee Corridor, a renowned retail destination, enhances this site’s allure. This bustling commercial avenue hosts an impressive array of over 100 retailers and businesses, creating a substantial draw for traffic and potential customers, further solidifying the tracts’ appeal as a top-tier development prospect. Properties are not in the floodplain.

OPTIONS

Tract A - 9.18 Net Acres - $4.75 per square foot

Tract B - 10.95 Acres - Sold

Tract C - 1.22 Net Acres - $5.25 per square foot

Tract D - 6.49 Acres - $4.00 per square foot

Tract E - 2.18 Acres - $4.25 per square foot


Financials