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98th St & Upland AveLubbock, TX 79424

Prime Lubbock land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents multiple tracts of commercial land totaling between 1.2 and 9.18 acres. Strategically located in southwest Lubbock at the southeast corner of 98th Street and Upland Avenue, this property benefits from its position within the highly desirable Frenship Independent School District (FISD). The area has experienced remarkable growth in the past four years, with a doubling of both housing and population within one and three-mile radii. This significant population increase creates a strong demand for commercial development. The property's proximity to the Milwaukee Corridor, a major retail hub with over 100 businesses, ensures high visibility and significant foot traffic. This established retail corridor provides a substantial customer base and enhances the property's appeal to potential developers. The land is not located within a floodplain, minimizing development risks. The land value ranges from $4 to $5.25 per square foot, presenting a compelling opportunity for investors seeking strong returns in a rapidly growing market. This is a rare chance to acquire land in a thriving area with exceptional potential for future growth and profitability. The property's size and location make it suitable for a variety of commercial developments, catering to the needs of the expanding community.

Highlights

  • 1.1.2 to 9.18 acres of commercial land in Lubbock, TX.
  • 2. Located at the southeast corner of 98th Street and Upland Avenue, Lubbock County, TX, 79424.
  • 3. Land value: $4 - $5.25 per square foot.
  • 4. Situated in the Frenship ISD, near the Milwaukee Corridor retail area.
  • 5. Excellent development opportunity due to significant recent residential growth in the area.
  • 6. Properties are not located in a floodplain.

Property Details for 98th St & Upland Ave

Property type
Land
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5052407
Longitude
-101.9743801
98th St & Upland Ave, Lubbock, Texas

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98th St & Upland Ave
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