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5520 126th St 8.02 Acres of Commercial Land Offered at $999,950 in Lubbock, TX 79424
Investment Highlights
- Outside City Limits
Executive Summary
5520 126th Street consists of three contiguous parcels totaling 8.05± acres of ready-for-development land located on 126th Street between Slide Road and Frankford Avenue, inside the new Loop 88 corridor and outside the city limits. The property has Phase I power available, an existing water well that requires a pressure tank, and an easement on the property, and offers strong accessibility in a rapidly growing area. Although concept plans were originally created for a wedding venue, the site is well suited for a variety of uses including office, warehouse, multifamily, townhomes, duplexes, or apartments. The property also includes a barn with one bathroom and shower.
Property Facts
1 Lot Available
Lot
| Price | $999,950 | Lot Size | 8.02 AC |
| Price Per AC | $124,682.04 |
| Price | $999,950 |
| Price Per AC | $124,682.04 |
| Lot Size | 8.02 AC |
Three parcels
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $26,855 | |
| Land Assessment | $70,012 | Total Assessment | $96,867 |
Property Taxes
Parcel Numbers
Land Assessment
$70,012
Improvements Assessment
$26,855
Total Assessment
$96,867
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5520 126th St
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