Loop 289 RV Park

Vacant Land for Sale
Loop 289 RV Park
Catylist Listing ID: 30366468
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Retail, Self Storage
Gross Land Area: 408,068 SF
Sale Price: $10 PSF
Total Price: $4,080,680
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2019

Overview / Comments

9.37 AC of Land - Currently operating as an RV park, The property is offered not as an operating RV park unless the Buyer chooses to do so. The property is located in the prime area between 19th Street (West End Center) and Marsha Sharp Freeway.
An ideal site for Multi-Family, Hotels or Motels, or Retail usage.
There is frontage of 215 foot along West Loop 289 for access to the site.

Cap rate as operating Rv park is approx 6.0 %

408,068 SF of Land area

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R137118
Property Located Between: 34th and Marsha Sharp Freeway
Property Visibility: Good
Largest Nearby Street: 34th
Feet of Frontage: 215
Traffic/Vehicle Count: 60,000
Highway Access: On Southbound Access Road off of 34th Street at West Loop 289
Airports: Preston Smith International
Site Description: Currently operating as an RV park 95 Spaces
Area Description: Prime RETAIL AREA OF LUBBOCK, TX - RETAIL Sales of 4.5 Billion reported for 2017
Lot Frontage: 215 ft
Zoning Description: Interstate Highway Commercial IHC
Topography: Level
Easements: Ingress/Egress, Utilities
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,028 83,540 197,052
Median Age: 27.95 32.82 32.34
Households: 5,926 35,185 77,780


Photograph of Listing Agent

Jack M. Chapman SIOR CCIM

Westar Commercial Realty West Texas CIE Member
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