Land for Sale - Surrounded by Hotels

Vacant Land for Sale
Catylist Listing ID: 30471240
Property Subtypes: Retail
Gross Land Area: 74,144 SF
Sale Price: $595,000
Unit Price: $8.02 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

Great investment opportunity near Spur 327 and Milwaukee Ave. This land located is located on Justice Ave between Spur 327 and 66th Street and surrounded by multiple new hotels including Arbor Inn, Residence Inn, Tru by Hilton, and Holiday Inn. This is directly south of Tract 2 which has Spur 327 frontage and is also available for sale. This location is ideal for retail, restaurant/bar, or entertainment.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R113061
Zoning: IHC
Property Located Between: Spur 327 and 62nd street and Justice Ave
Property Visibility: Good
Legal Description: IOLA BUSINESS PARK TR E3
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,900 75,426 180,007
Median Age: 34.78 34.98 33.05
Households: 3,310 31,570 71,209


Photograph of Listing Agent

Jeremy Steen

West Texas CIE Member
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