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4830 114th st
Lubbock, TX 79424
Land For Sale
·
0.76 AC

Investment Highlights
- Positioned directly across from the new UMC Health and Wellness Hospital within Lubbock’s active medical corridor.
- Located in Southwest Lubbock, an area experiencing robust population and infrastructure growth.
- Excellent frontage along 114th Street with strong daily traffic and direct access to major arterial roadways.
- Highly versatile site suitable for medical or general office development projects.
Executive Summary
With outstanding exposure along 114th Street, the site benefits from strong daily traffic counts and direct connectivity to major thoroughfares, ensuring seamless access for employees, patients, and visitors alike. Southwest Lubbock’s sustained demographic growth and burgeoning business environment further elevate the site’s appeal for developers and investors seeking to capitalize on long-term demand for medical and professional office facilities.
The parcel offers flexibility for a range of development options, including medical offices, specialty clinics, and general professional-use facilities. Ample room for on-site parking and a build-to-suit opportunity enhance its attractiveness for owner-users or developers targeting build-out projects in a fast-evolving submarket.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.76 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.76 AC |
1 Lot Available
Lot
| Price | $579,000 | Lot Size | 0.76 AC |
| Price Per AC | $761,842.11 |
| Price | $579,000 |
| Price Per AC | $761,842.11 |
| Lot Size | 0.76 AC |
Description
Located directly in front of the new UMC Health and Wellness Hospital in highly desirable Southwest Lubbock, this exceptional 33,105 SF development site is one of the premier office opportunities in the city. Offering outstanding visibility, strong traffic counts, and excellent demographics, it provides ideal potential for a professional office building or complementary development. Key Highlights: • Hospital-Adjacent Location: Prime positioning in Southwest Lubbock’s booming medical and professional corridor, with direct exposure to patients, staff, physicians, and visitors. • Superior Access & Visibility: Excellent frontage on 114th Street with high traffic volumes and easy connectivity to major thoroughfares. • Thriving Market: Benefits from strong growth, affluent demographics, and rising demand for professional services in a dynamic, patient-rich environment. • Flexible Use: Perfect for build-to-suit office construction with ample parking. Medical office use is ideal due to hospital proximity, but the site offers flexibility for a wide range of professional office applications. This versatile site is well-suited for physicians, specialty clinics, general professional offices, or administrative businesses seeking a flagship location in one of Lubbock’s fastest-growing submarkets.
Property Taxes
| Parcel Number | R342626 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $190,518 |
