$1,100,000
Est. payment /mo
9,752 SqFt
Active
7603 Alcove Avenue Lubbock, TX 79407
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Key Details
Property Type Commercial
Sub Type Package Property
Listing Status Active
Purchase Type For Sale
Square Footage 9,752 sqft
Price per Sqft $112
MLS Listing ID 202560348
Lot Size 4.000 Acres
Acres 4.0
Property Sub-Type Package Property
Source Lubbock Association of REALTORS®
Property Description
Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.
Location
State TX
County Lubbock
Area 7
Rooms
Basement Basement
Building
Foundation Combination
Sewer Shared Septic
Water Well
New Construction No
Others
Tax ID TBD
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Progressive Properties
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