Commercial Development Land for Sale Near Loop 88
Vacant Land
for Sale
| Catylist Listing ID: |
30767216 |
| Property Subtypes: |
Industrial, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
3.06 Acres
|
| Sale Price: |
$14 PSF |
| Total Price: |
$1,866,110 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/12/2021 |
Overview / Comments
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This property is an assemblage consisting of four tracts totaling approximately 3.06 acres with 303' of frontage along Slide Road and extending 445' deep. Partially located inside current City of Lubbock city limits and zoned Transitional, the property will require a zone case for commercial use, but allows for a multitude of commercial uses for a wide variety of uses. The properties adjacent to the north and south are currently zoned C-4. The property is not located in a flood zone. There are residential and storage buildings located on each tract that will need to be removed for future commercial development and current residents retain the right to remove any personal or attached fixtures in the residences or storage buildings prior to sale.
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Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R86966 |
| Zoning: |
TRANSITIONAL |
| Property Located Between: |
114th Street & 130th Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Slide Road |
| Feet of Frontage: |
303 |
| Area Description: |
Located on the west side of Slide Road between 114th Street and 130th Street (Lubbock's future outer Loop 88) in a rapidly developing area of Lubbock near multiple commercial and residential developments. Recent development on Slide Road includes a recently-opened United grocery store at 114th & Slide and a soon-to-be-constructed Plaza Restaurant at the same intersection. |
| Lot Frontage: |
303 |
| Lot Depth: |
445 |
| Zoning Description: |
Transitional |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
34,773 |
116,502 |
| Median Age: |
39.79 |
35.72 |
| Households: |
13,745 |
46,662 |
|
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