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: 5/23/2022

Overview / Comments

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.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R86966
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

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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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