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9310 4th Street
Lubbock, TX 79416
Asking Price
$4.34M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 145 acres <ul><li>145± Acres Offered at $4,340,000 </li><li>Approximately 1,296± Feet of Frontage on 4th Street</li><li> Approximately 2,500± Feet of Frontage on Research Boulevard</li><li> Directly Across from Reese Golf Course</li><li> Located Along the Future Loop 88 Growth Corridor</li><li> Within the City Limits of Lubbock</li><li> City Water Available</li><li> Electricity Available</li><li> Exceptionally Flat Topography </li><li>SF-2 Zoning </li><li>Southern Portion May Also Be Purchased
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NOI
$80,000
Cap Rate
1.84%
DSCR
0.31
Underwater
Cash-on-Cash
-13.65%
Monthly Payment
$21,471.952
Annual Cash Flow
$-177,663.424
