Marsha Sharp Fwy 6.99 Acres of Commercial Land Offered at $5,279,759 CAD in Lubbock, TX 79424
INVESTMENT HIGHLIGHTS
- Highway Frontage
- Unparalleled Visibility
- High Traffic Counts
EXECUTIVE SUMMARY
Unlock the potential of this prime commercial development opportunity in Lubbock, TX, offering 6.99 acres of land with exceptional visibility and access. With more than 200 feet of frontage along both Marsha Sharp Freeway and 66th St, this versatile property is ideal for a variety of uses and enjoys convenient access to essential utilities, including sanitary sewer. This property experiences high daily traffic counts of over 20,000 vehicles. It is strategically located on the rapidly growing southwest side of Lubbock. The city boasts a growing population, diverse economy, and excellent work-life balance, making it an ideal location to invest in commercial real estate.
PROPERTY FACTS
| Price | $5,279,759 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.99 AC |
| Cross Streets | 66th St |
1 LOT AVAILABLE
Lot
| Price | $5,279,759 CAD |
| Price Per AC | $755,114.33 CAD |
| Lot Size | 6.99 AC |
The property benefits from an agricultural exemption and was assessed at a tax value of $2,811 in 2024. The site is not located in the 100- year flood plain.
DESCRIPTION
Strategically located at the intersection of Marsha Sharp Fwy and 66th St, the property experiences over 20,000 vehicles daily. The site has direct access to Loop 289 and the Milwaukee Avenue retail corridor via Spur 327 and the frontage road.
PROPERTY TAXES
| Parcel Number | R38608 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,898 CAD |
