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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27038901

7603 Alcove Ave, Lubbock, TX 79407

JT
TX 9006918
Progressive Properties
Listed by Progressive Properties
$1,100,000
261 days on market
Updated 6 days ago

7603 Alcove- Redevelopment Project

Details
Property Type Land, Mixed Use
Sub Type Commercial
Square Footage 9,752
Occupancy 90%
Buildings 9
Acreage 4.000
Investment Type Redevelopment
Ownership BOFFA HOLDINGS LLC & SRINATH MARKA

Alcove Redevelopment Land | 4 acres

Marketing 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 \$8,350 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.

Investment highlights

Cashing flowing property with prime land for redevelopment from residential to commercial or flex warehouse space.

Listing Contacts

JT
TX 9006918
Progressive Properties
Listed by Progressive Properties

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Additional Information

Name
Jaden Timmons
License
9006918
Brokerage
Progressive Properties
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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