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5805 Marsha Sharp Freeway Fwy 0.9 - 1.6 Acre Commercial Land Lots Offered at $646,900 - $1,306,800 Per Lot in Lubbock, TX 79424

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INVESTMENT HIGHLIGHTS

  • Unparalleled access from the Marsha Sharp Freeway, West Loop 289, and Frankford Avenue. TXDOT approved curb cuts.
  • Over 750 hotel rooms within a one-mile radius.
  • Excellent Visibility with over 100,000 vehicles per day.

EXECUTIVE SUMMARY

This property has not yet been platted and the entire 4.0-acre tract can be purchased for $15.50/SF or $2,700,000. The Listing Broker is one of the owners of the property.

PROPERTY FACTS

Price $646,900 - $3,103,700
Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 4.00 AC
Zoning IHC - Interstate Highway Commercial

3 LOTS AVAILABLE

Lot 1

Price $1,306,800
Price Per AC $871,200.00
Lot Size 1.50 AC

This 1.50-acre site is priced at $20/SF. This site is located at the SWC corner of the Marsha Sharp Freeway and West Loop 289.

Lot 2

Price $646,900
Price Per AC $718,777.78
Lot Size 0.90 AC

This 0.90-acre site is priced at $16.50/SF. This site fronts the Marsha Sharp Freeway's access road just to the west of Loop 289.

Lot 3

Price $1,150,000
Price Per AC $718,750.00
Lot Size 1.60 AC

This 1.60-acre site is priced at $16.50/SF. This site fronts to West Loop 289. Frankford Avenue terminates at this site's

DESCRIPTION

The 4.0-acre property is in southwest Lubbock at the southwest corner of Loop 289 and the Marsha Sharp Freeway. The property has excellent visibility, accessibility, and some of the highest traffic counts in the city.

  • Listing ID: 31222343

  • Date on Market: 3/14/2024

  • Last Updated:

  • Address: 5805 Marsha Sharp Freeway Fwy, Lubbock, TX 79424

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