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6050 50th St - M1 Zone Adjoining Major Retail 3.02 Acres of Commercial Land Offered at $675,000 in Lubbock, TX 79407
INVESTMENT HIGHLIGHTS
- Anchored by Canyon West Shopping Center containing over 20 national tenants
- Ready for development with utilities to site
- Great access to major roadways providing transit around Lubbock and the surrounding communities
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $675,000 | Lot Size | 3.02 AC |
| Price Per AC | $223,509.93 |
| Price | $675,000 |
| Price Per AC | $223,509.93 |
| Lot Size | 3.02 AC |
3 Acres located directly behind Canyon West Shopping Center with national retail tenants, zoned M-1 it would serve as a great location for potential multi-family development.
DESCRIPTION
3.02 Acres ready for immediate development! Located on 50th Street one block East of Milwaukee Ave., the main throughway through southwest Lubbock with a heavy supply of retail centers and notable restaurants. Milwaukee Avenue carries over 50,000 vehicles per day. This location sits directly behind the Canyon West Shopping Center Complex which boasts national retail tenants including Target, Office Depot, Sam’s Club, Burlington, Ross, and Conn’s. Furthermore, this area is experiencing the heaviest demand in growth for both commercial and residential sectors. Within a mile is access to Marsha Sharp Fwy providing transit to West Loop 289 giving access to all notable locations in Lubbock including Texas Tech University, UMC, Covenant Medical Center, West End Shopping Center and South Plains Mall.
PROPERTY TAXES
| Parcel Number | R83202 | Improvements Assessment | $0 |
| Land Assessment | $1,490,152 | Total Assessment | $1,490,152 |
PROPERTY TAXES
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6050 50th St - M1 Zone Adjoining Major Retail
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