DEVELOPMENT LAND PARCELS 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: |
80 Acres
|
| Sale Price: |
See Agent |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/21/2022 |
Overview / Comments
THERE IS 80 AC AT THE SE CORNER OF KENT AVE AND UNIVERSITY THAT IS ZONED INTERSTATE HIGHWAY COMMERCIAL. THE NEW OWNER IS PREPARING A MASTER PLAN FOR THE ENTIRE ACREAGE WITH THE 80 AC BEING DESIGNED FOR RETAIL CENTER, GAS STATION PARCELS, OFFICE WAREHOUSE USES, MOTEL TRACTS AND GARDEN OFFICE. AND THE BALANCE OF THE PROPERTY BEING RESIDENTIAL, POSSIBLE BARNDOMINIUMS AND POSSIBLE RV PARK AND WAREHOUSE DEVELOPMENT.
Located just North of the NEW Expo Arena for events such as Rodeos, Stock Shows, Concerts and other Dirt related sports TO BE CONSTRUCTED WITHIN THE NEXT 24 MONTHS!!!!
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Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Submarket Type: |
Other |
| Taxing Authority: |
Lubbock Central Appraisal District |
| Tax ID/APN: |
R66554 |
| Zoning: |
R-1 AND IDP |
| Property Located Between: |
University Ave and Interstate 27 |
| Property Visibility: |
Excellent |
| Legal Description: |
VARIES |
| Largest Nearby Street: |
University Ave |
| Feet of Frontage: |
6,600 |
| Highway Access: |
UNIVERSITY AVE, KENT STREET AND DRAKE AVE. |
| 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: |
R-1 and Industrial Park |
| Topography: |
Level |
| Soil Type: |
Loam |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal, Well |
| Sewer Type: |
Municipal, Septic |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
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