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6600 114th St - NWC of 114th & Milwaukee Ave 14.8 Acres of Commercial Land Offered at $9,451,523 CAD in Lubbock, TX 79424

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INVESTMENT HIGHLIGHTS

  • Rapidly Growing Location
  • Prime Frontage Development Site

EXECUTIVE SUMMARY

The Powell Group is pleased to offer this 14.8 AC tract located in South Lubbock, at the intersection of two major thoroughfares: 114th Street and Milwaukee Avenue. This prime parcel is zoned Auto-Urban Commercial, making it an ideal opportunity for commercial and multifamily development in one of Lubbock’s most rapidly growing areas. The parcel benefits from existing infrastructure and utilities adjacent to the property, reducing development costs and timelines. The surrounding neighborhood boasts an impressive average household income of $140,252, underscoring the area’s desirability and potential for upscale residential projects. This tract’s location in South Lubbock offers exceptional access to amenities, schools, retail, and dining, ensuring strong interest from prospective homeowners and developers. Don’t miss the opportunity to invest in one of Lubbock’s most promising residential growth corridors.
Contact The Powell Group for more info today.

PROPERTY FACTS

Price $9,451,523 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 14.80 AC
Zoning SF-2 - Single Family

1 LOT AVAILABLE

Lot

Price $9,451,523 CAD
Price Per AC $638,443.89 CAD
Lot Size 14.80 AC

14.8 AC corner tract located in South Lubbock at the intersection of two major thoroughfares: 114th and Milwaukee Ave

DESCRIPTION

The Powell Group is pleased to offer this 14.8 AC tract located in South Lubbock, at the intersection of two major thoroughfares: 114th Street and Milwaukee Avenue. This prime parcel is subject to be zoned Commercial, making it an ideal opportunity for commercial and multi-family development in one of Lubbock’s most rapidly growing areas. The parcel benefits from existing infrastructure and utilities adjacent to the property, reducing development costs and timelines. The surrounding neighborhood boasts an impressive average household income of $140,252, underscoring the area’s desirability and potential for upscale residential projects. This tract’s location in South Lubbock offers exceptional access to amenities, schools, retail, and dining, ensuring strong interest from prospective homeowners and developers. Don’t miss the opportunity to invest in one of Lubbock’s most promising residential growth corridors. Contact The Powell Group for more info today.

  • Listing ID: 34097495

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 6600 114th St, Lubbock, TX 79424

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