7603 Alcove Avenue, Lubbock, TX 79407
$1,100,000
Property Type:
Commercial Sale
Square Footage:
19,504
Lot Size (sq. ft.):
174,240
Status:
Active
Current Price:
$1,100,000
List Date:
9/12/2025
Last Modified:
9/16/2025
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.
Supplements: ********
More Information MLS# 202560348
Contract Information
Current Price: $1,100,000
Original List Price: 1100000
List Price: $1,100,000
Status: Active
Listing Contract Date: 2025-09-12
Property Sub Type: Package Property
Total Number of Properties: 9
Listing Agreement: Exclusive Right To Sell
Owner Name: BOFFA HOLDINGS LLC & MARKA SRINATH
Occupant Type: Tenant
Location Tax and Legal
Street Number: 7603
Street Name: Alcove
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79407
Zone: 7
General Property Information
Above Grade Finished Area: 9752
Above Grade Finished Area Source: Public Records
Building Area Total: 19504
Building Area Source: Owner
Lot Size Acres: 4
Lot Size Square Feet: 174240
Lot Size Source: Public Records
Remarks and Miscellaneous
Public Remarks: 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.
Status Change Information
Major Change Timestamp: 2025-09-12T18:15:49Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-12
Land Details
Minerals Available: No
Property Features
Foundation Details: Combination
Listing Terms: 1031 Exchange; Cash; Conventional
Security Features: Varies By Unit
Sewer: Shared Septic
Water Source: Well
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Listing Office: Progressive Properties
Listing Agent: Jaden Timmons
Last Updated: September - 16 - 2025
Information deemed reliable but not guaranteed.