26.7 ACRES OF INVESTMENT LAND

Industrial for Sale
Catylist Listing ID: 30227892
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $2,000,000
Unit Price: $833.33 PSF
Docks/Doors: 2 Doors
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/30/2018

Overview / Comments

26.7 Acres of land with 440 SF of frontage on Upland Avenue between 82nd & 98th Street in Southwest Lubbock. Property has a 40x60 Warehouse with two 12x12 overhead doors, five covered horse stalls, two gate entrances, and one 20 HP irrigation well and a 0.5 HP barn well. Electricity and water service active. Property has no septic system. Open Warehouse with office space and loft style storage space. Adjacent to a dense industrial area. Multiple use possibilities include, storage units, industrial park, large single family acreage/duplex development, possible retail on Upland frontage, and much more.

Land is approximately 1/2 mile long running from Upland to Wausau. Land can be divisible contact broker for more details.

Property Features
Friendship ISD District
Upland Frontage
Irrigation Wells

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Property Located Between: 82nd and 98th
Highway Access: Clsoe to 82/62 Brownfield Highway
Site Description: 26.7 Acres of land with 440 SF of frontage on Upland Avenue between 82nd & 98th Street in Southwest Lubbock. Property has a 40x60 Warehouse with two 12x12 overhead doors, five covered horse stalls, two gate entrances, and one 20 HP irrigation well and a 0.5 HP barn well. Electricity and water service active. Property has no septic system. Open Warehouse with office space and loft style storage space. Adjacent to a dense industrial area. Multiple use possibilities include, storage units, industrial park, large single family acreage/duplex development, possible retail on Upland frontage, and much more. Land is approximately 1/2 mile long running from Upland to Wausau. Land can be divisible contact broker for more details. Property Features Friendship ISD District Upland Frontage Irrigation Wells
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Excellent
Year Built: 1991
Lot Frontage: 440 FT on Upland
Lot Depth: 1/2 Mile
Water Service: Municipal, Well

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,779 37,399 104,202
Median Age: 30.16 34.95 35.34
Households: 1,722 15,245 42,617

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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