Major intersection at Erskine St. and Frankford Ave.

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30389946
Property Subtypes: Office, Retail
Status: Pending
Gross Land Area: 1.49 Acres
Sale Price: $292,068
Unit Price: $196,018 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

Major intersection at Erskine St. and Frankford Ave. Total traffic count VPD = 17,907. Zoning Use District C2 Local Retail including C2A uses. Located east of the Covenant Medical Northwest Clinic and Creative Learning Center day care.
Under construction on Frankford Ave.: St. Clair-Massy Ortho, Uptown West master planned 253 lot subdivision and Lincoln 16 subdivision with the first phase of 116 lots.

Price $292,068
Price per SF $4.50
7 minutes away from West End Shopping Center and 10 minutes to Texas Tech
12 minutes to 19th St. hospital district
Requires a Rule 12 plat approved by the chairman of the planning and zoning commission
Listing Agent represents Seller

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R173725
Zoning: C-2 LOCAL RETAIL = C2A
Property Visibility: Excellent
Largest Nearby Street: Frankford Avenue, Milwaukee Avenue and Erskine Street
Site Description: NE quad of Erskine St. and Frankford Ave. Best Use: Retail, Office, Bank, Day Care Center, Drug Store, Fast Food, Health Care, Neighborhood Center, Restaurant, Strip Center, Market, hold for development or investment.
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,255 49,650 134,033
Median Age: 24.2 29.48 29.63
Households: 2,672 19,518 52,536


Photograph of Listing Agent

Kirk A. Schneider, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
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