Industrial Development Opportunity + Income Producing Assets

Vacant Land for Sale
Catylist Listing ID: 30732846
Property Subtypes: Industrial
Gross Land Area: 324.47 Acres
Sale Price: $16,000,000
Unit Price: $49,311 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Two Industrial Development Lots + Income Producing Income Properties.

A rare opportunity to purchase Lubbock's premiere industrial development sites, one located on Slaton Hwy and one at the northeast corner of 98th & Hwy 87.
Abi Ann 1 is a 61.395 acre development on Slaton Hwy located just east of Zeneith Ave, between Slaton Hwy & Loop 289. Abi Ann 2 is a 264+ acre development at the northeast corner of 98th & Hwy 87. This property features 264 acres, 2 net leased single tenant assets, a 54 unit, 110,000 sq ft multi-tenant flex storage facility and a 10 unit, income producing - office/warehouse complex.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R63664

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,001 46,683 127,179
Median Age: 29.05 34.16 33.94
Households: 463 18,118 49,902

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