New Deal Development Land 1

Vacant Land for Sale
Catylist Listing ID: 30241904
Property Subtypes: Agricultural, Industrial, Residential (Single Family), Retail-Pad
Gross Land Area: 290 Acres
Sale Price: $1,200,000
Unit Price: $4,137 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2019

Overview / Comments

Approximately 290 acres with upside potential. 1,800' +/- of frontage on I-27. 3,000 SF Farm House with outbuildings.
Half mile north of the new (2018) $65,000,000 Monsanto Plant.
New Deal ISD is one of the top 2-A schools. Great academics and football team went to state in 2018. No longer taking transfers from Lubbock.
Convenient to all things Lubbock via Interstate 27 and then direct access to Marsha Sharp Freeway and Loop 289. Quick access to Texas Tech University and Hospital District.
Convenient to Lubbock International Airport.
Utilities to Site.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R36763
Property Visibility: Excellent
Largest Nearby Street: I-27
Feet of Frontage: 1,800
Topography: Gently Sloping
Soil Type: Loam
Water Service: Municipal, Well

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,972 4,889
Median Age: 38.77 37.47
Households: 731 1,729


Photograph of Listing Agent

Rob Campbell, CCIM

Rob Campbell, CCIM West Texas CIE Member
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