DEVELOPMENT LAND NORTH UNIVERSITY AND KENT

Vacant Land for Sale
Catylist Listing ID: 30317786
Property Subtypes: Agricultural, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 43 - 497 Acres
Sale Price: $105,000 - 5,515,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2019

Overview / Comments

This 497 Acs. is available in parcels beginning at 43 Ac. This land could see a variety of uses from Storage and Warehousing on the East Boundary to Residential Development with Stables. Currently in Agriculture the property would have to receive a Master Plan approval from the City of Lubbock.

Located just North of the proposed and approved Expo Arena for events such as Rodeos, Stock Shows, Concerts and other Dirt related sports. This is one of the few large remaining land parcels within the City Liimts and available to Utilities for development.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Submarket Type: Other
Taxing Authority: Lubbock Central Appraisal District
Tax ID/APN: R66554
Zoning: NONE TRANSITIONAL
Property Located Between: University Ave and Interstate 27
Property Visibility: Excellent
Largest Nearby Street: University Ave
Feet of Frontage: 6,600
Rail Access: Yes
Airports: Preston Smith International
Area Description: Located on the North Side of Lubbock, TX the 7th Largest City in Texas, this parcel is only 5 minutes from Texas Tech University and 7 Minutes from University Medical Center. The 3 Billion Dollar Retail Market makes the sustainability of the City tremendous.
Zoning Description: Transitional - Within the City Limits of Lubbock and Development can include Commercial and Residential Uses
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 974 23,160 95,546
Median Age: 40.6 30.48 28.67
Households: 282 8,829 34,936

Contact

Photograph of Listing Agent

Jack M. Chapman SIOR CCIM

Berkshire Hathaway HomeServices Commercial Division
West Texas CIE Member
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