Spur 327 Frontage Available - Surrounded by Hotels

Vacant Land for Sale
Catylist Listing ID: 30471239
Property Subtypes: Retail
Gross Land Area: 56,856 SF
Sale Price: $625,000
Unit Price: $10.99 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2019

Overview / Comments

Great investment opportunity to own Spur 327 frontage next door to the new Holiday Inn/Burger Theory. This 1.31 Acres is surrounded by multiple new hotels including Arbor Inn, Residence Inn, Tru by Hilton, and Holiday Inn. On the hard corner of Spur 327 and Justice Avenue this is adjacent to the new Infinity dealership and new Alliance Credit Union. This location is ideal for retail, restaurant/bar, or entertainment.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R329307
Zoning: IHC
Property Located Between: Justice and Iola on Spur 327
Property Visibility: Excellent
Legal Description: IOLA BUSINESS PARK TR E2
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,575 76,830 181,502
Median Age: 32.94 35.02 33
Households: 2,804 32,158 71,705

Contact

Photograph of Listing Agent

Jeremy Steen

McDougal, REALTORS
West Texas CIE Member
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