Highway 84 Lubbock, TX 75762
- Land
- 50.07 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 84
- Lot size
- 50.07 lot acres
- Property type
- Land
Description
This exceptional 50.07-acre commercial land parcel presents a unique investment opportunity in Lubbock County, Texas. Located conveniently off Highway 84, just four miles from Loop 289, this property offers unparalleled versatility. Priced at $500,700 ($10,000/acre), it's zoned Outside City Limits, providing flexibility for a wide range of commercial developments. Imagine the possibilities: a sprawling industrial complex, a picturesque residential community, or a unique barndominium development. The property boasts a natural pond and an old domestic well, adding to its appeal. While there is a 35-foot gas line easement (7-13 feet deep) on the northern portion, running perpendicular for 305 feet from Clovis Highway, the vast majority of the acreage remains available for development. Attractive owner financing options are available at a 5% interest rate, making this an even more compelling investment. The property's location near Lubbock's major thoroughfares ensures excellent accessibility and visibility. This is a rare opportunity to acquire a substantial land holding with significant development potential in a rapidly growing area. The property's size and location make it ideal for a variety of uses, offering a strong return on investment for the discerning buyer.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.847
- Latitude
- 33.5856
