FREE STANDING BUILDING NEAR TEXAS TECH

Special Purpose for Sale
Catylist Listing ID: 30721624
Property Subtypes: Assembly/Meeting Place
Building Size (RSF): 36,088 SF
Gross Building Area: See Agent
Sale Price: $499,999
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

This free-standing building is located within 1 mile of Texas Tech University and has been home to Ministerios Nueva Vida for over 30 years. The property features (2) floors + basement space and boasts an auditorium-sized sanctuary with a high seating capacity, multiple offices/classrooms, daycare area, multiple kitchen areas, private shower areas, cafeteria area with a food service window, coffee shop, and several large rooms used for media and conference areas. Included in the sale is an additional 17,487 SF parcel currently used for church parking and located across from the building. Exceptional ownership opportunity with room to expand the current structure. Repurpose potential for offices, apartments, medical center, treatment center, recovery center, event venue, school, and many other use possibilities. All permits or potential zoning revisions should be verified through the Lubbock planning department.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R111919
Total Number of Buildings: 1
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,939 79,783 165,268
Median Age: 25.6 28.94 30.24
Households: 5,907 28,724 62,983

Contact

Photograph of Listing Agent

Kent Hebison

Keller Williams Realty
West Texas CIE Member
Photograph of Listing Agent

Shelli Echevarria

Keller Williams Realty
West Texas CIE Member
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