Commercial Land / Texas / Lubbock / 79423 / CR 2340 and Highway 87

CR 2340 and Highway 87

Q: What is the asking price for CR 2340 and Highway 87 in Lubbock?

The asking price for CR 2340 and Highway 87 is $3,181,600

Q: How much land does the Lubbock, TX property at CR 2340 and Highway 87 include?

CR 2340 and Highway 87 in Lubbock includes 159.080 acres of land.

Q: What kind of Land is the propery at CR 2340 and Highway 87?

The property at CR 2340 and Highway 87 Lubbock, TX 79423 is listed as a Mixed Use Land Land property.

Q: What is the population within 1 mile of CR 2340 and Highway 87?

The population within 1 mile of CR 2340 and Highway 87 Lubbock, TX 79423 is 477 people.

Q: Who do I contact for questions about CR 2340 and Highway 87?

You should contact the listing agent, David Powell, for any details regarding this commercial listing.

Lubbock, TX 79423

Listing ID: 175956

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Building Size: --

Lot Size: 159.080 AC

Land Size: 6,929,524 SF

Building $/SF:

Land $/SF: $0.46

Price

$3,181,600

Description

Property Subtypes:
Industrial, Office, Self Storage, Vacation/Resort, Other

Gross Land Area:
159.08 Acres

Sale Price:
$20,000 Per Acre

Total Price:
$3,181,600

Land Splits Available:
Yes

Adjacent Parcels Available:
Yes

Sale Terms:
Cash to Seller

Cap Rate:
Undisclosed

Last Updated:
6/25/2020

Overview / Comments

159.08 Acres of Commercial/Residential Land divisible in minimum of 10 Acre tracts ranging from $18,000-$25,000 per acre. 25 Acres sold for Industrial use. Property is adjacent to Cooper Middle & High Schools. Frontage on 87 and CR 2340.-Highway 87/CR 2340 Frontage-Divisible Tracts-Paved Roads off Highway 87 and CR 2340

Attachments & Files

sale-brochure-1-D1N.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Lubbock History of Commercial Land for Sale

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Listing Demographics for CR 2340 and Highway 87 Lubbock, TX 79423

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		477	3,696	11,869
Population Median Age		33	34	33
Population by Age	0-9 Yrs	80 (16%)	598 (16%)	2124 (17%)
	10-19 Yrs	97 (20%)	714 (19%)	2036 (17%)
	20-29 Yrs	39 (8%)	296 (8%)	1140 (9%)
	30-39 Yrs	69 (14%)	549 (14%)	2060 (17%)
	40-49 Yrs	88 (18%)	636 (17%)	1669 (14%)
	50-59 Yrs	55 (11%)	459 (12%)	1462 (12%)
	60-69 Yrs	23 (4%)	251 (6%)	854 (7%)
	70+ Yrs	26 (5%)	195 (5%)	524 (4%)

Median HH Income		$67,361	$74,022	$79,456
Total Household Income	< 24K	19 (12%)	170 (14%)	512 (13%)
	25-49K	40 (26%)	263 (21%)	687 (17%)
	50-74K	27 (18%)	175 (14%)	617 (15%)
	75-99K	38 (25%)	275 (22%)	802 (20%)
	100-199K	23 (15%)	252 (21%)	1007 (25%)
	200K+	3 (2%)	64 (5%)	292 (7%)

Highest Education Level	No Diploma	34	237	592
	Diploma or GED	74	610	1824
	Some College	86	618	1839
	Assoc. Degree	27	184	522
	Bachelors Degree	40	392	1625
	Higher Degree	16	172	699

Total Housing Units		161	1,292	4,227
--Owner-Occupied		116	928	2,957
--Renter-Occupied		34	272	961
Owner-Occupied Values	< 100K	38	263	689
	100-199K	42	238	927
	200-299K	13	148	616
	300-399K	8	147	414
	400-499K	13	103	195
	500K+	3	29	117

Total Working Age Population		339	2,659	8,402
In Work Force		228	1,739	5,829
Not In Work Force		111	919	2,574
Workforce Employed		202	1,586	5,484
Workforce Unemployed		20	122	286
Civlian Workforce		222	1,708	5,770
Military Workforce		6	31	59

Total Households		150	1,200	3,918
Family Households		128	982	3,166
Non-Family Households		23	218	752
Married Couple		98	738	2,478
Other Family		29	244	687
Married w/Child		53	362	1,265
Single Male w/Child		10	51	127
Single Female w/Child		13	120	331

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Lubbock County	242,628	+15	278,831	+14	317,210	+16	367,552
Lynn County	6,550	-10	5,915	-6	5,588	-5	5,283

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for CR 2340 and Highway 87 in Lubbock?

The asking price for CR 2340 and Highway 87 is $3,181,600

How much land does the Lubbock, TX property at CR 2340 and Highway 87 include?

CR 2340 and Highway 87 in Lubbock includes 159.080 acres of land

What kind of Land is the propery at CR 2340 and Highway 87?

The property at CR 2340 and Highway 87 Lubbock, TX 79423 is listed as a Mixed Use Land Land property

What is the population within 1 mile of CR 2340 and Highway 87 in Lubbock?

The population within 1 mile of CR 2340 and Highway 87 Lubbock, TX 79423 is 477 people.

Who do I contact for questions about CR 2340 and Highway 87?

You should contact the listing agent, David Powell, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Lubbock Preston Smith International Airport (LBB)	16
Rick Husband Amarillo International Airport (AMA)	124
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS)	197