289 And Memphis AveLubbock, TX 79415

For Sale
$1,118,000

6.04 Acres, High Visibility, C-3 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6.04-acre commercial and industrial land parcel presents a compelling investment opportunity in Lubbock, Texas. Located at the prominent intersection of North Loop 289 and Memphis Avenue, this property boasts unparalleled visibility and high traffic counts, making it ideal for a variety of uses. The C-3 zoning allows for diverse development options, including distribution centers, industrial facilities, mini-storage units, and even multi-family residential projects. The asking price is $1,118,000, translating to $185,099 per acre, reflecting the strategic location and development potential. The property's Loop 289 frontage ensures significant exposure to a large daily traffic volume. The owner is open to dividing the land, offering flexibility for potential buyers with varying needs and project scales. This is a rare opportunity to acquire a highly visible and versatile tract of land in a rapidly growing area of Lubbock, offering substantial returns on investment. The property's location in Lubbock County, Texas, with a zip code of 79415, provides easy access to major transportation routes and established infrastructure. This prime location, combined with the flexible zoning and potential for subdivision, makes this an exceptional investment opportunity not to be missed.

Highlights

  • High visibility at the intersection of North Loop 289 and Memphis Avenue in Lubbock, TX.
  • Loop 289 frontage with high traffic counts.
  • C-3 zoning allows for distribution, industrial, mini-storage, and multi-family uses.
  • Owner will consider dividing the 6.04-acre parcel.

Property Details for 289 And Memphis Ave

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
263,102 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.6863649
Longitude
-101.9119871
289 And Memphis Ave, Lubbock, Texas

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289 And Memphis Ave
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