164.31 acres Lubbock Airport Irrigated Land

Veritas Exclusive Sold

164.31 acres Lubbock Airport Irrigated Land

Lubbock, Lubbock County, Texas

$525,792

$3,200/ac

Acreage 164.3 ac
$/Acre $3,200/ac
Type Farm
Status Sold

Description

Excellent opportunity right next to Lubbock City limits! Situated next to Lubbock International Airport, this property has fantastic future opportunity. Located in a Tax Deferred Opportunity Zone for those looking to replace property with a 1031 exchange. Lubbock Future Land Use Plan has this designated as ”Industrial”. This 80 acres is currently leased with a tenant farmer and enjoys a nice return on investment.

  • Paved E CR 6100 Frontage

  • Electric at south border

  • Owner production participation income averages of $8,500 annually, with exceptional years bringing in upwards of $18,000

  • Idalou ISD

  • Right next to Lubbock city limits

  • Located in an Opportunity Zone for tax deferred investors

  • Lubbock Future Land Use Plan has this designated as industrial

Corey Zant

Corey Zant

Principle Broker, Owner

Lubbock, TX

See my bio

Property Details

Price$525,792
Land Area164.3 ac
$/Acre$3,200/ac
Property Size164.31
Property TypeFarm
StatusSold
Interactive Map URLView

Features

  • Cultivated - Irrigated
  • Irrigated

Location

East C R 6100, Lubbock, TX, USA

Lubbock, Lubbock County, Texas, 79403

Interactive Map

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