commercial land retail, office or Multi-Family
Vacant Land
for Sale
| Catylist Listing ID: |
30678090 |
| Property Subtypes: |
Multi-Family, Office, Retail, Retail-Pad
|
| Gross Land Area: |
1.16 Acres
|
| Sale Price: |
$500,000 |
| Unit Price: |
$431,034 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/1/2021 |
Overview / Comments
|
Great corner location at 25th and Loop 289. Located one block west of Lubbock Christian University campus Great high traffic area for a multiple commercial uses including Office Condominium, Retail, Restaurant, Multi-Family Housing. Will subdivide and build to suit with long term lease. Some restrictions apply.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R88241 |
| Zoning: |
C2 |
| Property Located Between: |
19th and 34th exits on West Loop 289 corner lot on the corner of 25th St and 289 access road |
| Property Visibility: |
Excellent |
| Legal Description: |
BLK AK SEC 44 AB 1395 TR A, ACS: 1.15619th |
| Largest Nearby Street: |
19th Street or State Hwy 114. |
| Feet of Frontage: |
285 |
| Traffic/Vehicle Count: |
49,000 |
| Highway Access: |
Access road of West Loop 289 or 25th Street from Frankford Avenue |
| Airports: |
Lubbock International Airport |
| Site Description: |
clear lot with the availability of all utilities |
| Area Description: |
vacant lot on the access road on the east side of W Loop 289 between between the two major Loop intersections of 19th St. and 34th St. major shopping |
| Lot Frontage: |
285 Feet |
| Lot Depth: |
162 Feet |
| Zoning Description: |
Commercial can be adjusted |
| Topography: |
Level |
| Easements: |
Electric Lines, Utilities |
| Easements Description: |
Utilities easements on perimeter of property |
| Soil Type: |
Loam |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,288 |
81,959 |
192,915 |
| Median Age: |
29.63 |
31.39 |
32.34 |
| Households: |
6,677 |
34,479 |
76,271 |
|
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