6.5 Acres of land in an opportunity zone near downtown Lubbock
Vacant Land
for Sale
| Catylist Listing ID: |
30365337 |
| Property Subtypes: |
Hospitality, Industrial, Office, Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
6.49 Acres
|
| Sale Price: |
$8 PSF |
| Total Price: |
$2,261,635 |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/10/2021 |
Overview / Comments
|
Approximately 6.5 acres of land near downtown and across MSF from the new Buddy Holly Performing Arts center. This land is also in a Qualified Opportunity Zone. On the SW portion of the property is a move-in ready 5,305 sqft office building that can be sold with this adjacent land or sold separately. The seller is in the process of removing property from the flood zone.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Taxing Authority: |
LCAD |
| Tax ID/APN: |
R134114 |
| Legal Description: |
FALCON STEEL TR A; FALCON STEEL TR B; FALCON STEEL TR C |
| Largest Nearby Street: |
Marsha Sharp Freeway |
| Feet of Frontage: |
894 |
| Rail Access: |
Yes |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,321 |
75,096 |
165,432 |
| Median Age: |
27.77 |
28.55 |
31.19 |
| Households: |
4,069 |
26,207 |
62,532 |
|
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