0 Highway 84Lubbock, TX 75762

Property Details for 0 Highway 84

Lot size

50.07 AC

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.

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5856

Longitude

-101.847

FAQs

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