7603 Alcove Avenue # A-D Unit # A-D, Lubbock, TX 79407

$1,100,000
21
BD
12
BA
9,752
SqFt

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List Price
$1,100,000
MLS#
202561366
Status
ACTIVE
Year Built
1956
Type
Multifamily
Bedrooms
21
Bathrooms
12
Living Area
9,752
Lot Size
174,240
County
Lubbock
City
Lubbock
Legal Description
BLK AK SEC 31 AB 243 TR C4A LESS W10' ACS: .2565 - Please reach out to listing agent for all legal descriptions

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

Taxes
$21,000
Heating
Central
Cooling
Central Air
School District
Frenship ISD

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Calculator source: Real Geeks

Listing courtesy of Progressive Properties.