COMMERCIAL CRP LAND ON CLOVIS HWY/US 84

Vacant Land for Sale
Catylist Listing ID: 30401623
Property Subtypes: Industrial, Retail, Other
Gross Land Area: 65.07 Acres
Sale Price: $8,000 - 10,000 Per Acre
Total Price: $520,560 - 650,700
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2019

Overview / Comments

Approximately 65 acres of Commercial land in CRP on Clovis Highway/US 84. Location is a 1/2 mile from North Frankford Avenue. CRP income is approximately $2,000/per Year and ends in 2023. Gas line easement runs 320' diagonally along the front of the property.
Possible uses include industrial park, light manufacturing, and retail. Property being sold at $8,000 per acre for all 65 acres. Land can be divided in half for $10,000 per acre.

Highlights:

• CRP Income
• Frontage on US Highway 84
• Adjacent to Railroad
• Gas Line Easement through Property
• Corner of land touches route of New Proposed Loop 88

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R72878
Zoning: OUTSIDE CITY LIMITS

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,272 61,898
Median Age: 27.99 28.89
Households: 4,429 22,137

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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