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114th Street 12 Acres of Commercial Land Offered at $4,704,480 in Lubbock, TX 79424
Investment Highlights
- Excellent visibility and access
Executive Summary
• This retail pad site sits on the corner of the intersection of 114th street & Milwaukee Avenue, two major arterial roads in Lubbock
• With its location in the path of major development in South Lubbock & the close proximity to the new Loop 88, this site is ideal for various retail, restaurant, & QSR users
• The property is near the Thomas Martin Youth Sports Complex which is currently undergoing an $8 million expansion to accommodate heavy traffic & demand
• Tract can be divided; pricing may vary. $9/SF
• With its location in the path of major development in South Lubbock & the close proximity to the new Loop 88, this site is ideal for various retail, restaurant, & QSR users
• The property is near the Thomas Martin Youth Sports Complex which is currently undergoing an $8 million expansion to accommodate heavy traffic & demand
• Tract can be divided; pricing may vary. $9/SF
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $4,704,480 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 12.00 AC |
| No. Lots | 1 | Cross Streets | Milwaukee Avenue |
| Property Type | Land |
| Price | $4,704,480 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 12.00 AC |
| Cross Streets | Milwaukee Avenue |
1 Lot Available
Lot
| Price | $4,704,480 | Lot Size | 12.00 AC |
| Price Per AC | $392,040.00 |
| Price | $4,704,480 |
| Price Per AC | $392,040.00 |
| Lot Size | 12.00 AC |
•This retail pad site sits on the corner of the intersection of 114th street & Milwaukee Avenue, two major arterial roads in Lubbock • Tract can be divided; pricing may vary. $9/SF
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