10 AC of Commercial Development Land in South Lubbock

Vacant Land for Sale
Catylist Listing ID: 30369057
Gross Land Area: 10 Acres
Sale Price: $1,415,700
Unit Price: $141,570 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2019

Overview / Comments

10 Acres of development land on the SEC of 114th Street and University Avenue. With new multi-family projects across the street and priced at only $3.25 PSF, this tract is an excellent opportunity for development in south Lubbock.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R78120
Zoning: TRANSITIONAL
Property Located Between: University Avenue and Avenue P
Property Visibility: Excellent
Site Description: Located at the southeast corner of 114th Street and University Avenue.
Topography: Level
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,894 40,241 123,990
Median Age: 31.47 37.26 35.01
Households: 1,823 16,343 49,519

Contact

Photograph of Listing Agent

Kay Ward, CCIM

WestMark Commercial West Texas CIE Member
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