7603 Alcove Avenue, Lubbock, TX 79407

$1,100,000
19,504
SqFt

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List Price
$1,100,000
MLS#
202560348
Status
ACTIVE
Type
Commercial
Living Area
19,504
Lot Size
174,240
County
Lubbock
City
Lubbock

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.

Additional Information

Foundation
Combination
School District
Frenship ISD

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Calculator source: Real Geeks

Listing courtesy of Progressive Properties.