Development Land in Ransom Canyon For Sale 3 Tracts Available

Vacant Land for Sale
Catylist Listing ID: 30222050
Property Subtypes: Agricultural, Industrial, Office
Gross Land Area: 2.45 - 31.25 Acres
Sale Price: $93,750 - 375,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2021

Overview / Comments

Four parcels of land available with frontage in Ransom Canyon. Tract
A is approximately a 2.45 acre parcel and sits on the corner of FM
3523 in front of Ransom Canyon retail strip center. Tract B is
approximately a 3.45 acre parcel and lies next to retail strip center
with frontage on FM 3523 and has a commercial well. Tract A & B have
right to paved easement leading to retail strip center. Tract C is
approximately a 10 acre parcel with frontage on FM 3523. All tracts have access to city water.
Located approximately 5 miles East of Lubbock on 50th Street/FM
3523 in Ransom Canyon

Tract A Sales Price $150/SF ($160,000)
Tract A Lot Size: Approx: 2.45 Acres
Tract B Sale Price $25,000.00/Acre ($93,750.00)
Tract B Lot Size: Approx. 3.75 Acres
Tract C & D Sales Price $15,000/Acre ($375,000)
Tract C & D Lot Size: Approx. 25.00 Acres
Tract D Sales Price: SOLD
Tract D Lot Size: Approx. 15.45 Acres

Cross Streets: FM 3523 and Ransom Canyon

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R169800

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Demographic Statistics

Proximity: 5 miles
Total Population: 3,900
Median Age: 42.42
Households: 1,491


Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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