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±3.92-Acre Commercial Land Parcel, Lubbock, Texas
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Auction #
232-1 -
Lot Size:
±3.92 acres -
Transaction Fee:
5%
±3.92-Acre Commercial Land Parcel, Lubbock, Texas
Land For Sale in Lubbock, TX
SEC E. Regis Street & I-27 , Lubbock, TX 79403 This online auction is for a ±3.92-acre commercial/retail land parcel located at the southeast corner of E. Regis Street and Interstate 27 (service road), Lubbock, Texas. The property has been approved to accommodate a 1.6-acre pad which is perfect for a hotel of 80-110 rooms, a convenience store/gas station or restaurant to service not only the daily Interstate traffic but the passengers/visitors utilizing the Preston Smith International Airport. Vehicular access points will be from the Interstate 27 service road and N. Cedar Avenue, which intersects with E. Regis Street.
City of Lubbock utilities (LP&L Water & Sewer, Atmos Natural Gas, Lubbock Power & Light Electricity) are available to the site and initial engineering has been completed for its development.
The property is zoned IHC (Interstate Highway Commercial) and in 2014, boasted 24-hour traffic counts of 25,000 VPD.
POTENTIAL FOR 1031 EXCHANGE
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Property Viewing
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If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: McDougal Realtors, TX # 427591
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
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ADD PROPERTY TO FAVORITES
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Lubbock, TX
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Property Type: Land
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Lot Size: ±3.92 acres
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Transaction Fee: 5%
This online auction is for a ±3.92-acre commercial/retail land parcel located at the southeast corner of E. Regis Street and Interstate 27 (service road), Lubbock, Texas. The property has been approved to accommodate a 1.6-acre pad which is perfect for a hotel of 80-110 rooms, a convenience store/gas station or restaurant to service not only the daily Interstate traffic but the passengers/visitors utilizing the Preston Smith International Airport. Vehicular access points will be from the Interstate 27 service road and N. Cedar Avenue, which intersects with E. Regis Street.
City of Lubbock utilities (LP&L Water & Sewer, Atmos Natural Gas, Lubbock Power & Light Electricity) are available to the site and initial engineering has been completed for its development.
The property is zoned IHC (Interstate Highway Commercial) and in 2014, boasted 24-hour traffic counts of 25,000 VPD.
POTENTIAL FOR 1031 EXCHANGE
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: McDougal Realtors, TX # 427591
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.