98th Street AM Zone Frontage: Phase 1
Office
for Sale
| Catylist Listing ID: |
30427306 |
| Property Subtypes: |
Business Park, Medical, Office Building
|
| Building Status: |
Proposed |
| Building Size (RSF): |
3,753 SF
|
| Gross Building Area: |
16,756 SF |
| Sale Price: |
$225 - 240 PSF |
| Total Price: |
$844,425 - 900,720 |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: |
Ravenwood Offices |
| Class of Space: |
Class A |
| Usable Size (USF): |
3,753 SF |
| Sale Terms: |
Cash to Seller, Build-to-Suit |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2020 |
Overview / Comments
|
98th Street Frontage. Ravenwood's newest office park development. 3 Phase Proposed office shells (3753 sq. ft. each) to be built with complete customization option for interiors. Tracts can be combined to build larger office(s) if desired. Work with James Morgan Construction to build AM zoned facilities. James Morgan has experience building medical clinics, office buildings, shopping centers and other specialty commercial projects. Contact now to customize your facility!
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R95970 |
| Zoning: |
AM |
| Property Located Between: |
Texas Tech Federal Credit Union and Miami Avenue - 98th Street Frontage |
| Property Visibility: |
Excellent |
| Site Description: |
Current site proposed for 3 identical office buildings sharing common parking lots. Building site can be arranged so buildings can be larger or combined. Contact now for flexible options to accommodate any client. (see proposed Site Plan PDF) |
| Area Description: |
Original developers of Ravenwood and Reserve at Ravenwood Site will be delivered at highest quality architecture and best use practice. Seconds from South Quaker, South Indiana, sitting directly on 98th Street; this site has some of the best visibility in desirable South Lubbock. |
| Parking Type: |
Surface |
| Parking Description: |
Shared, yet plentiful parking on landscaped lots |
| Zoning Description: |
AM zoning |
| Part of Planned Development?: |
Yes |
| Lot Frontage: |
334.5 ft. |
| Lot Depth: |
151 ft. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
BLK E2 SEC 17 AB 103 TR A1 AC: 2.391 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,657 |
82,355 |
157,741 |
| Median Age: |
42.56 |
37.02 |
33.59 |
| Households: |
5,288 |
34,194 |
63,331 |
|
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Neither Lubbock Association of REALTORS® nor
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