Farm to Market Road 179

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Farm to Market Road 179

Lubbock, TX 79416
Asking Price
$2.55M
Asset Type
Commercial Land
Class
Class B

What's Special

127.45± Acres Lubbock County | Prime Development Opportunity | FM 179 & Erskine | Northwest Lubbock

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NOI
$80,000
Cap Rate
3.14%
DSCR
0.53
Underwater
Cash-on-Cash
-9.33%
Monthly Payment
$12,611.061
Annual Cash Flow
$-71,332.735

Location & Travel Times