For Sale
$500,722.20

3309 116Th St Lubbock, TX 79423

1.21 Acres, High-Traffic Area, $500K

Overview

Added:
Dec 11, 2024
Days on market:
133
This 1.21-acre commercial land parcel is ideally situated in Lubbock, Texas, at 3309 116th Street, just east of Indiana Avenue. Zoned for commercial use, this property presents a prime opportunity for retail, office, or restaurant development. Its location near the intersection of 114th and Indiana ensures high visibility and accessibility within a rapidly growing area. The surrounding area boasts significant recent development, including Laura Bush Middle School, Hatton Place, and The Gates subdivisions, contributing to a thriving community. Major retailers such as Walmart, HEB, Academy, and Chick-fil-A are conveniently located within one mile, along with the new outer Loop 88 (currently under development). Utilities are readily accessible, with water available along the property's south side and sewer located approximately 345 feet to the west. Importantly, recent drainage improvements have removed the property from the floodplain. This exceptional location, combined with excellent visibility and convenient access, makes this south Lubbock property a compelling investment opportunity. The asking price is $500,722.20, with a land value of $9.50 per square foot.

Highlights

  • 1.21-acre commercial lot in Lubbock, TX, at 3309 116th Street, east of Indiana Ave.
  • Zoned for commercial use, ideal for retail, office, or restaurant development.
  • High visibility and accessibility near the intersection of 114th and Indiana Ave., in a rapidly growing area.
  • Close proximity to major retailers (Walmart, HEB, Academy, Chick-fil-A) and the new Loop 88.
  • Utilities readily available; removed from floodplain.
  • Asking price: $500,722.20 ($9.50/sq ft land value).

Property Details for 3309 116Th St

Property type
Land
Lot Size (sq. ft)
52,708 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.4887758
Longitude
-101.8862573

FAQs

What type of property is this?
Land - 1.21 Acres, High-Traffic Area, $500K
Where is the land located?
The property is located at 3309 116Th St Lubbock, TX.
What is the asking price?
The asking price for this property is $500,722.20.
What are key features of this property?
This property features: 1.21-acre commercial lot in Lubbock, TX, at 3309 116th Street, east of Indiana Ave.; Zoned for commercial use, ideal for retail, office, or restaurant development.; High visibility and accessibility near the intersection of 114th and Indiana Ave., in a rapidly growing area.
How can I contact the broker?
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3309 116Th St
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