Catylist ID:
#30469546
| Catylist Listing ID: | 30469546 |
| Property Subtypes: | Hospitality, Industrial, Mobile Home Park, Self Storage |
| Gross Land Area: | 261,550 - 320,000 SF |
| Sale Price: | $300,000 - 475,000 |
| In Opportunity Zone? | Yes |
| Sale Terms: | Undisclosed, Cash to Seller, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/19/2021 |
Overview / Comments
|
*900' of Frontage on Ave Q *Electric, Water, sewer & natural gas on site *Enterprise Zone *May divide in 1/2 at different pricing *Listing agent is a principle owner/partner The price varies based upon the size of the land tracts. If the Buyer takes the property "where is as is" the price will be $300,000 for the lots totaling 6 Ac. If they want the Seller to close the streets and alleys it would increase the total land area to 7.3 AC the price will be $475,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Lubbock |
| County: | Lubbock |
| Taxing Authority: | LCAD |
| Tax ID/APN: | R68895 |
| Zoning: | IHC INTERSTATE HIGHWAY COMMERCIAL/OFFICE/WAREHOUSE/HOTEL/DISTRIBUTION/STORAGE UNITS |
| Property Located Between: | Ave Q and Interstate 27 |
| Property Visibility: | Good |
| Legal Description: | Contact Agent |
| Largest Nearby Street: | Ave Q |
| Feet of Frontage: | 900 |
| Highway Access: | Accessable from Ave Q or Southbound I-27 Frontage Road |
| Airports: | Preston Smith International |
| Site Description: | Original Residential Tracts until 1970 when Tornado hit this area, The lots remaining are now zoned commercial and extend from Grinnell St to Itasca St on the north. It is expected that Harvard which divides the tract could be closed by a Developer to create a 7 Ac parcel for development. There are all utilities to the site and could be utilized. |
| Area Description: | predominately Commercial Industrial users |
| Lot Frontage: | 900 ft on Ave Q |
| Lot Depth: | varies |
| Zoning Description: | Industrial Highway Commercial - Subject to I-27 requirements, (additional Landscape and Screening requirement as a part of that.) Developer will need to confirm with City of Lubbock regarding current requirements. |
| Topography: | Level |
| Easements: | Ingress/Egress, Utilities |
| Soil Type: | Mixed |
| Available Utilities: | Electric, Water, Gas, Sewer, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 612 | 56,896 | 132,765 |
| Median Age: | 26.17 | 28.18 | 29.92 |
| Households: | 216 | 19,413 | 49,035 |
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