Lorenzo, TX - Half Section - Hwy 62/82 frontage

Farm/Ranch for Sale
Catylist Listing ID: 30408072
Property Subtypes: Cash Crop, Livestock, Other
Gross Land Area: 369 Acres
Sale Price: $850,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

Great farmland surrounding the community of Lorenzo, TX. only 27 miles east of the city of Lubbock on Hwy 82. Much of this land is positioned well for future commercial and residential development. Included in this sale or some residential lots in the city of Lorenzo and approximately 1,600' of HIGHWAY FRONTAGE ON HWY 62/82. ALL PARCELS ARE ON PAVEMENT

FOUR parcels with three having irrigation and pivots; (a). 100 ac tract - 80 acre pivot - 2 wells, 150 GPM each (total 300). (b). 145 acre tract - 100 acre pivot - 2 wells, 150 GPM (300 total), (c) 87 acres - 30 acre pivot - 1 well, 150 GPM, and d. 1 32 acre tract.
1,500 SF Metal Building included on FM 378 would be a great place for a home also.

Additional Details

Nearest MSA: Lubbock
County: Crosby

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Photograph of Listing Agent

Rob Campbell, CCIM

Rob Campbell, CCIM West Texas CIE Member
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