North Frankford Land
Vacant Land
for Sale
| Catylist Listing ID: |
30587104 |
| Property Subtypes: |
Mobile Home Park, Residential (Single Family), Self Storage, Other
|
| Gross Land Area: |
41.85 Acres
|
| Sale Price: |
$837,000 |
| Unit Price: |
$20,000 Per Acre |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/17/2021 |
Overview / Comments
This property consists of two tracts of land totaling approximately 42 acres in northwest Lubbock, TX. The property includes an approximately 37 acre tract with access to Frankford Avenue via a 30 foot wide fenced/gated drive and a 5 acre tract that is adjacent and allows a second access point to the 37 acres and about 235 feet of frontage on N Frankford. The 37 acre tract is fenced with a water well and three separate LCAD parcel numbers. The largest LCAD parcel, 24.24 acres has an agriculture exemption for taxes. The 5 acre tract has a water well, septic and rentable mobile home on the property.
The property is within the Lubbock city limits and water is available on Frankford.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Taxing Authority: |
Lubbock CAD |
| Tax ID/APN: |
R138592 |
| Zoning: |
TRANSITIONAL |
| Property Located Between: |
4th Street and US 84 |
| Property Visibility: |
Good |
| Legal Description: |
Tracts A3, A4, 15 and 31 Block JS, Section 12, Abstract 1350 |
| Largest Nearby Street: |
Frankford |
| Feet of Frontage: |
235 |
| Site Description: |
The property is in North Lubbock with access from Frankford Ave. |
| Area Description: |
The property is within a predominately light industrial area. |
| Available Utilities: |
Electric, Water |
| Water Service: |
Municipal, Well |
| Sewer Type: |
Septic, None |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
22,951 |
99,528 |
| Median Age: |
28.16 |
28.83 |
| Households: |
9,383 |
37,727 |
|
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