4.1 Acres on Loop 250W
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30567675 |
| Property Subtypes: |
Hospitality, Multi-Family, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
4.10 Acres
|
| Sale Price: |
$995,000 |
| Unit Price: |
$242,682 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/5/2021 |
Overview / Comments
|
4.1 Acres on S Loop 250. Zoned O2. Neighbored by apartment complexes, single family and multi family property as well as the Ashton Medical Lodge. Cleared and ready for development. City utilities on site and power overhead. Existing survey and plat available. Several options for use. Seller looking at all offers.
|
Additional Details
| Nearest MSA: |
Midland |
| County: |
Midland |
| Taxing Authority: |
MIDCAD |
| Tax ID/APN: |
888701680120 |
| Zoning: |
O2 |
| Property Located Between: |
Business 20 and Hwy 191 |
| Property Visibility: |
Excellent |
| Legal Description: |
Lots 1 thru 28 and Lot 29 less the east 32', Block 168, Wilshire Park, Section 11 |
| Largest Nearby Street: |
Loop 250W |
| Feet of Frontage: |
380 |
| Highway Access: |
Business 20 to the south and Hwy 191 is 1 exit north |
| Airports: |
MAF is west 10 miles |
| Site Description: |
Cleared and ready for development. City utilities are on the west side of the parcel. |
| Area Description: |
Surrounded by multi family, single family, and some hotels |
| Lot Frontage: |
380 feet |
| Lot Depth: |
440 feet |
| Zoning Description: |
Intended for moderate or high intensity office and professional uses (Includes residential and many retail uses) |
| Topography: |
Level |
| Easements: |
Other |
| Easements Description: |
Set backs from streets |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,888 |
50,596 |
108,322 |
| Median Age: |
30.12 |
34.31 |
33.91 |
| Households: |
2,595 |
18,728 |
40,583 |
|
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Neither Lubbock Association of REALTORS® nor
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