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5805 Marsha Sharp Freeway Fwy
0.9 - 1.6 Acre Commercial Land Lots Offered at £510,404 - £1,031,065 Per Lot in Lubbock, TX 79424
Investment Highlights
- Unparalleled access from the Marsha Sharp Freeway, West Loop 289, and Frankford Avenue. TXDOT approved curb cuts.
- Over 750 hotel rooms within a one-mile radius.
- Excellent Visibility with over 100,000 vehicles per day.
Executive Summary
Property Facts
| Price | £510,404 - £2,448,819 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 3 | Total Lot Size | 4.00 AC |
| Property Type | Land |
| Price | £510,404 - £2,448,819 |
| Sale Type | Investment or Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.00 AC |
3 Lots Available
Lot 1
| Price | £1,031,065 | Lot Size | 1.50 AC |
| Price Per AC | £687,377 |
| Price | £1,031,065 |
| Price Per AC | £687,377 |
| Lot Size | 1.50 AC |
This 1.50-acre site is priced at $20/SF. This site is located at the SWC corner of the Marsha Sharp Freeway and West Loop 289.
Lot 2
| Price | £510,404 | Lot Size | 0.90 AC |
| Price Per AC | £567,116 |
| Price | £510,404 |
| Price Per AC | £567,116 |
| Lot Size | 0.90 AC |
This 0.90-acre site is priced at $16.50/SF. This site fronts the Marsha Sharp Freeway's access road just to the west of Loop 289.
Lot 3
| Price | £907,350 | Lot Size | 1.60 AC |
| Price Per AC | £567,094 |
| Price | £907,350 |
| Price Per AC | £567,094 |
| Lot Size | 1.60 AC |
This 1.60-acre site is priced at $16.50/SF. This site fronts to West Loop 289. Frankford Avenue terminates at this site's
Description
The 4.0-acre property is in southwest Lubbock at the southwest corner of Loop 289 and the Marsha Sharp Freeway. The property has excellent visibility, accessibility, and some of the highest traffic counts in the city.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £815,011 | Total Assessment | £815,011 |
PROPERTY TAXES
zoning
| Zoning Code | IHC (Interstate Highway Commercial) |
| IHC (Interstate Highway Commercial) |
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Scott Burdette - Northstar Valuation Group, Inc.
Presented by
Northstar Valuation Group, Inc.
5805 Marsha Sharp Freeway Fwy
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