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5520 126th St 8.02 Acres of Commercial Land Offered at $1,199,950 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 | $1,199,950 | Lot Size | 8.02 AC |
| Price Per AC | $149,619.70 |
| Price | $1,199,950 |
| Price Per AC | $149,619.70 |
| Lot Size | 8.02 AC |
Three parcels
1 1
Property Taxes
| Parcel Number | R68993 | Improvements Assessment | $13,895 |
| Land Assessment | $15,112 | Total Assessment | $29,007 |
Property Taxes
Parcel Number
R68993
Land Assessment
$15,112
Improvements Assessment
$13,895
Total Assessment
$29,007
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5520 126th St
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