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Investment Highlights

  • Approximately 32.24 acres of industrial land with 630 feet of frontage on Elm Avenue.
  • Level site suitable for industrial development, including distribution and manufacturing.
  • Excellent access to 50th Street, U.S. Highway 84, Loop 289, and Interstate 27.
  • Adjacent to FedEx Ground Distribution Center and near other major industrial operators.

Attachments

58th_Elm Listing

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Industrial Live or Work Unit
  • Industrial Park
Total Lot Size 32.24 AC

1 Lot Available

Lot

Price $1,500,000
Price Per AC $46,526.05
Lot Size 32.24 AC

Excellent industrial tract with 630 feet of frontage on Elm Avenue. Well located site features ready access to 50th Street, US 84, Loop 289, and I-27. Adjacent to FedEx Ground Distribution Center.

Description

This industrial land offering spans approximately 32.24 acres and is strategically located at the intersection of 58th Street and Elm Avenue in Lubbock, Texas. The property features 630 feet of frontage along Elm Avenue, providing excellent visibility and accessibility for future development. Its level topography and size make it ideal for a wide range of industrial uses, including distribution, manufacturing, or industrial park development. The site offers convenient access to major transportation corridors, including 50th Street, U.S. Highway 84, Loop 289, and Interstate 27, ensuring efficient regional connectivity. It is adjacent to the FedEx Ground Distribution Center and near other major industrial users such as Labatt Foods, Ashley Furniture, Border States Electric, Penske Truck Leasing, and Albertsons, creating a strong industrial ecosystem in the immediate area. This property represents a prime opportunity for investors or developers seeking a large, well-located tract in a growing industrial corridor of Lubbock.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 32581453

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 58th and Elm, Lubbock, TX 79404

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