Frontage on 43rd St off Milwaukee Ave
Vacant Land
for Sale
| Catylist Listing ID: |
30525566 |
| Property Subtypes: |
Industrial, Multi-Family, Office, Retail, Self Storage, Other
|
| Gross Land Area: |
89,733 SF
|
| Sale Price: |
$740,297 |
| Unit Price: |
$8.25 PSF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/7/2021 |
Overview / Comments
|
Property fronts (280 ft.) 43rd Street less than 850 feet from Milwaukee Ave near Spur 327 and the Marsha Sharp Freeway. Lot can be expanded to 5 plus acres. Currently lot is across the street from large medical clinic and athletic facility and Elementary School. Five acre Lot can be sub-divided into 2 lots with approximately 2 or 3 acres as the front lot and the remaining rear lot of 3 acres or less. Property can be expanded to more than 5 acres. Great Location
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Taxing Authority: |
Lubbock CAD |
| Tax ID/APN: |
R330658 |
| Zoning: |
COMMERCIAL M-1 |
| Property Located Between: |
West Loop 289 and Milwaukee avenue |
| Property Visibility: |
Excellent |
| Legal Description: |
Lowry Sub, Blk AK, Sec 37, Ab 229, Ac:2.06 |
| Largest Nearby Street: |
Milwaukee |
| Feet of Frontage: |
280 |
| Site Description: |
Site is raw level cleared lot ready for construction. area within 1/4 mile includes single family housing, multi-family housing, public school, office building wholesale distribution and retail. Site can be expanded to 10 to 15 acres |
| Area Description: |
Area is near rapidly retail area in southwest Lubbock with easy access to Loop 289 and the crosstown Marsha Sharpe freeway, Location is within 15 minute or less driving time to any location in Lubbock. Site is on the west side on a large warehouse distribution area and adjacent to Elementary school and retail area. |
| Lot Frontage: |
280 feet |
| Lot Depth: |
320.48 |
| Zoning Description: |
Zoned M-1 |
| Topography: |
Level |
| Easements: |
Pipelines, Electric Lines, Utilities |
| Soil Type: |
Mixed |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,545 |
74,985 |
169,833 |
| Median Age: |
27.4 |
33.37 |
32.93 |
| Households: |
2,054 |
31,734 |
67,214 |
|
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