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1601 Avenue A 15.62 Acres of Industrial Land Offered at $1,850,000 in Lubbock, TX 79401
Investment Highlights
- Heavy Manufacturing Zoning
- Access gates on both Ave A and 19th Street
- Potential for Rail Spur
- Located in an Opportunity Zone
Executive Summary
Prime redevelopment site located in an Opportunity Zone in Lubbock. 3 of the warehouse have electricity and 2 of those have plumbing. The remaining warehouses were previously grain storage buildings. The office building is in need of repairs. Sitting on just over 16 acres of industrial land, the already existing 13 warehouses provide a unique chance to revitalize this area.
Property Facts
| Price | $1,850,000 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 15.62 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | General Industrial | ||
| Price | $1,850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Commercial |
| Total Lot Size | 15.62 AC |
| Opportunity Zone |
Yes |
| Zoning | General Industrial |
1 Lot Available
Lot
| Price | $1,850,000 | Lot Size | 15.62 AC |
| Price Per AC | $118,437.90 |
| Price | $1,850,000 |
| Price Per AC | $118,437.90 |
| Lot Size | 15.62 AC |
Prime redevelopment site located in an Opportunity Zone in Lubbock. 3 of the warehouse have electricity and 2 of those have plumbing. The remaining warehouses were previously grain storage buildings. The office building is in need of repairs. Sitting
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R27391 | Improvements Assessment | $198,727 |
| Land Assessment | $204,182 | Total Assessment | $402,909 |
Property Taxes
Parcel Number
R27391
Land Assessment
$204,182
Improvements Assessment
$198,727
Total Assessment
$402,909
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1601 Avenue A
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