5107 98Th StLubbock, TX 79424

Property Details for 5107 98Th St

Lot size

3.94 AC

Property type

Land

Description

This exceptional 3.94-acre development tract in Southwest Lubbock, Texas, presents a unique investment opportunity. Located at 5107 98th St, Lubbock, TX 79424, this property boasts a stellar location near luxury residential homes and newly constructed commercial retail, offering unparalleled convenience and visibility. Zoned C3, this expansive lot (171,626 square feet) provides ample space for a variety of commercial ventures, including office parks, medical facilities, and other suitable uses. The property benefits from convenient access to both Slide Road and 98th Street, ensuring excellent accessibility for both employees and customers. All essential utilities are in place, including sanitary sewer and water services. While rail service is not available, the strategic location and zoning make this a highly desirable site for developers seeking a prime location in a thriving area of Lubbock. The asking price is $1,802,077, translating to $457,380 per acre, reflecting the exceptional value and potential of this remarkable property. This is an ideal opportunity to capitalize on the growth and development in Southwest Lubbock.

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5047

Longitude

-101.921

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