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Investment Highlights
- 5-acre commercial tract with strong visibility along a major growth corridor.
- Ideal for QSR, retail strip, medical office, or service station development.
- Ready for re-zoning and redevelopment to accommodate commercial uses.
- Surrounded by rapidly expanding residential communities, creating strong consumer demand.
- Access to city utilities with electric substation located across the street.
- Located in a high-growth area with significant residential absorption over the past 24 months.
Executive Summary
This 5-acre commercial tract offers exceptional visibility and access along one of Lubbock's most active westside growth corridors. With residential density accelerating rapidly to the north and east, demand for neighborhood-serving retail, food & beverage, and service commercial uses in this pocket is outpacing supply. The surrounding neighborhood has absorbed hundreds of new homes in the last 24 months, with ideal buyers in the QSR, Neighborhood Retail Strip, Medical Office or service stations. Daily traffic from this captive residential base of 1300 homes, creates an immediate/built-in customer pool for the right end user. This property has access to city utilities already with South Plains Electric Coop substation across the street. The property has an old uninhabited farmhouse on it and is ready for re-zoning.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,382 SF
Building Class
C
Year Built
1995
Price
$550,000
Price Per SF
$230.90
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,382 SF
Building FAR
0.01
Lot Size
4.50 AC
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R122750 | Improvements Assessment | $128,279 |
| Land Assessment | $70,000 | Total Assessment | $198,279 |
Property Taxes
Parcel Number
R122750
Land Assessment
$70,000
Improvements Assessment
$128,279
Total Assessment
$198,279
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7910 34th St
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