11310 Slide RdLubbock, TX 79424

Property Details for 11310 Slide Rd

Year built

2020

Lot size

8.24 AC

Property size (Sq ft)

66,804 SF

Property type

Grocery and convenience stores

APN

R338276

APU

R338276

Description

This exceptional 0.611-acre pad site, totaling 26,600 square feet, presents a remarkable opportunity for commercial development in Lubbock, Texas. Located at 11310 Slide Road, this property boasts 140 feet of frontage along the heavily trafficked Slide Road, ensuring high visibility and accessibility. The site is strategically positioned as a grocery-anchored outparcel adjacent to a new United Supermarket, benefiting from the significant foot traffic and established customer base of this anchor tenant. The property's AC (Auto-Urban Commercial) zoning allows for a wide range of commercial uses, making it ideal for quick-service restaurants (QSRs) or other retail establishments. With approximately 600 surface parking spaces available, ample parking is ensured for customers and employees. The location at the intersection of Slide Road and 114th Street places the property within the rapidly growing retail and residential corridor of South Lubbock, providing excellent access to a large and expanding consumer market. This single-tenancy land parcel in Lubbock County offers a unique chance to establish a thriving business in a prime location with strong existing infrastructure and high growth potential. The property's size and location make it an attractive investment for developers seeking a high-impact commercial development opportunity in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $14,569,121

  6.5%

  $13,448,419

  7%

  $12,487,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,019,202

  Geo Method

  $20,255,400

• Alternative Use

  Use

  Valuation

  Residential

  $11,344,245

  Hospitality

  $10,391,267

  Educational

  $8,645,412

  Medical

  $8,942,741

  Retail

  $13,448,419

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.4916

Longitude

-101.924

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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