Prime Investment Opportunity - Acre and a Half on Parkway Drive
Don't miss this chance to own a highly visible 1.5-acre parcel on Parkway Drive, split into two separate legal parcels, offering flexible development or resale options. This property includes a billboard currently situated on the 1-acre tract—the billboard lease is up for renewal and can be renegotiated or removed, depending on the buyer's preference.
With comparable properties in the area listed around $3.25 per square foot, this property is priced to sell fast at just $1.17 per square foot, making it an exceptional opportunity for investors or business owners looking for high-traffic frontage at a competitive price. Whether you're considering new construction, land banking, or commercial redevelopment, this property checks all the boxes.
Lot/land
Price cut: $13.5K (8/4)
$76,500
3501 Parkway Dr, Lubbock, TX 79403
--beds
0baths
1.5Acres
Unimproved Land, Land
Built in ----
1.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 20 days
- on Zillow |
- 63 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 12:37pm
Listed by:
Houston Garrett TREC #0740265 806-544-7343,
Keller Williams Realty
Source: LBMLS,MLS#: 202558051

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.5 Acres
Details
- Parcel number: R63308
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Tax assessed value: $27,020
- Annual tax amount: $152
- Date on market: 7/21/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Will Divide
- Electric utility on property: Yes
- Road surface type: Unimproved
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