406 F M 1585, Lubbock, TX 79423
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406 F M 1585, Lubbock, TX 79423
406 F M 1585, Lubbock, TX 79423
406 F M 1585, Lubbock, TX 79423
406 F M 1585, Lubbock, TX 79423
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Hayley Hess

Hayley Hess

+1(806) 201-4434
$ 975,000
Est. payment /mo
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Active

406 F M 1585 Lubbock, TX 79423

5 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $195,000

MLS Listing ID 202601339

Annual Tax Amount $3,633

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Industrial

Source Lubbock Association of REALTORS®

Property Description

Future Loop 88 frontage and acquisition by TXDOT. 2,430 square foot house with 3 bedrooms, 2 bathrooms, an office, and 2 car garage. Really nice clean home with office or 4th bedroom. Home is currently leased @ $1525 per month. 5 bay metal building (4 open bays, one enclosed with door). 5 Acres. Currently has 13 RV spots @ $420 each. Small Livestock pens. Endless opportunities. See attached TXDOT acquisition map. TXDOT will purchase house and frontage acreage in near future. Near 100% occupancy at all times. Tenants pay electricity. Water provided to tenants via a water well.

Location

State TX

County Lubbock

Area 10

Direction .2 Miles East of Interstate 27 on FM 1585.

Rooms

Basement Basement

Interior

Flooring Carpet, Luxury Vinyl

Exterior

Parking Features Additional Parking

Fence Fenced

Utilities Available Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities

Roof Type Composition,Metal

Building

Lot Description Cleared, Open Lot, Rectangular Lot, Level

Foundation Pillar/Post/Pier, Slab

Sewer Septic Tank

Water Well

Level or Stories true

New Construction No

Others

Tax ID R166204

Acceptable Financing 1031 Exchange, Cash, Conventional, Lease Back, Lease Purchase

Listing Terms 1031 Exchange, Cash, Conventional, Lease Back, Lease Purchase

Special Listing Condition Standard

Listed by Dannheim Realty
Hayley Hess

Hayley Hess

Agent | License ID: 669535

+1(806) 201-4434

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406 F M 1585