1.5 Acres Lot
1.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202558051
Annual Tax Amount $152
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Unimproved Land
Source Lubbock Association of REALTORS®
Property Description
Don't miss this chance to own a highly visible 1.5-acre parcel on Parkway Drive, split into two separate legal parcels, offering flexible development or resale options. This property includes a billboard currently situated on the 1-acre tract—the billboard lease is up for renewal and can be renegotiated or removed, depending on the buyer's preference.
With comparable properties in the area listed around $3.25 per square foot, this property is priced to sell fast at just $1.00 per square foot, making it an exceptional opportunity for investors or business owners looking for high-traffic frontage at a competitive price. Whether you're considering new construction, land banking, or commercial redevelopment, this property checks all the boxes.
Location
State TX
County Lubbock
Area 1
Rooms
Basement Basement
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Unimproved,Vacant
Building
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Alderson
Middle Schools Dunbar College Preparatory Academy
High Schools Estacado
Others
Tax ID R63308
Acceptable Financing 1031 Exchange, Cash, Conventional, Will Divide
Listing Terms 1031 Exchange, Cash, Conventional, Will Divide
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