3.08 Acre Commercial Land Tract

Vacant Land for Sale
Catylist Listing ID: 30325623
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 134,165 SF
Sale Price: $300,000
Unit Price: $2.24 PSF
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/25/2019

Overview / Comments

Excellent commercial tract in a redeveloping area in South Levelland. 3.08 acres ideal for hotel, apartments, or office/retail complex. Close to Covenant Hospital, South Plains College, Country Club, and Mallet Event Center. Call to discuss potential development options.

Additional Details

Nearest MSA: Levelland
County: Hockley
Taxing Authority: Hockley CAD
Zoning: B-2; GENERAL BUSINESS DISTRICT
Property Located Between: College Avenue and Avenue H/U.S. Hwy. 385
Property Visibility: Good
Legal Description: Levelland Square Addition (to be determined by survey)
Largest Nearby Street: Avenue H/U.S. Hwy. 385
Highway Access: Clubview Drive is U.S. Hwy 385 as it runs through Levelland.
Airports: Levelland Municipal Airport - 1.5 miles
Site Description: Lays level
Area Description: Adjoins other commercial or retail. Tractor Supply Co., Beall's Department Store, Hockley Co Teachers Credit Union each border the Subject property. Close proximity to South Plains College, Covenant Hospital Levelland, Levelland Country Club and Mallet Event Center.
Zoning Description: B-2 General Business District
Part of Planned Development?: Yes
Development Name: Levelland Square
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,091 14,080 14,859
Median Age: 26.9 32.64 33.09
Households: 1,325 5,021 5,333

Contact

Photograph of Listing Agent

Todd Paxton

Paxton Real Estate West Texas CIE Member
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