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5802 114th st - NWC of 114th and Frankford 8.98 Acres of Commercial Land Offered at $6,240,742 CAD in Lubbock, TX 79424
INVESTMENT HIGHLIGHTS
- Strategically placed corner Property located on the "going home" side of a signalized corner
- Priced significantly below comparables
- Buyer can slice and dice the Property as needed
EXECUTIVE SUMMARY
Minimum 1 acre purchase
Frontage
666 feet on Frankford
585 feet on 114th St.
Pricing
Pricing depends on how much you purchase and what portion
Whole tract: $11.50 /foot
Build to suit or ground lease options
PROPERTY FACTS
| Price | $6,240,742 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.98 AC |
| Property Type | Land | ||
| Zoning | AC - Auto-Urban Commercial (AC) | ||
| Price | $6,240,742 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.98 AC |
| Zoning | AC - Auto-Urban Commercial (AC) |
1 LOT AVAILABLE
Lot
| Price | $6,240,742 CAD | Lot Size | 8.98 AC |
| Price Per AC | $694,960.10 CAD |
| Price | $6,240,742 CAD |
| Price Per AC | $694,960.10 CAD |
| Lot Size | 8.98 AC |
DESCRIPTION
8.978 acres on the signalized corner of 114th and Frankford Located right on the signalized corner of 114th and Frankford, this property is surrounded by well-established single-family houses and tons of development – including new multi-family, shopping centers, offices, and shops. This property is located on the “going home” side of the street and is just two-miles from the Milwaukee Corridor, 15-minutes from Texas Tech University, and 15-minutes from Lubbock’s medical district including UMC and Covenant. This Property is right in the action and is surrounded by newer-construction SFRs. For development, all utilities are present. Zoning: Auto-Urban Commercial (AC)
Presented by
5802 114th st - NWC of 114th and Frankford
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