6711 104th Str

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6711 104th Str

Lubbock, TX 79424
Asking Price
$75K
Asset Type
Land
Class
Class B

What's Special

Located at 6711 104th Street in South Lubbock, this land parcel is situated in a growing commercial and residential corridor. The property offers proximity to the Milwaukee Avenue retail district, providing access to major national retailers, dining, and professional services. The site is positioned near Loop 289 and U.S. Route 82, facilitating regional transportation and logistical connectivity throughout the Lubbock metropolitan area. The surrounding neighborhood is characterized by a mix of established automotive businesses, light industrial facilities, and emerging suburban residential developments. The property is suited for versatile commercial applications, including light industrial workshops, equipment storage yards, or specialized trade offices. Its strategic location makes it an ideal site for local owner-occupants, regional distributors, or service-based enterprises requiring high visibility and ease of transport. The level topography and existing infrastructure in the vicinity support various development possibilities, ranging from standalone professional suites to multi-tenant flex spaces. This asset caters to tenants seeking a functional footprint within a high-traffic regional hub.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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