4701 Milwaukee Avenue, Lubbock, TX 79407
Commercial property for sale
4701 Milwaukee Avenue, Lubbock, TX 79407
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- Description
- Commercial Land, Lubbock TX - $2.85 PSF List Price: $4,649,594 Now: $2,940,026 Will Divide: $13.95/sf for 6.76 acre tract and $6.00/sf for 2.0687 acre tract. 4701 Milwaukee Ave is a prime development including two parcels near the Canyon West Shopping Center. The property includes two tracts approximately 21.609 acres and 2.0687 acres. Located near the intersection of Marsha Sharp Freeway (US Hwy 62/82) and Milwaukee Avenue and is adjacent to the planned development of Anatole at City View, a 225 unit apartment complex. In proximity to the site is the 900,000 square foot Canyon West SC which includes a traditional power center with fashion, specialty, entertainment and dining. The 140 acre Canyon West will be the largest retail center campus in Lubbock. Across from the 2.0687 acre tract is the new location for Sam's warehouse. Other retail businesses nearby include: Cracker Barrel Restaurant, Target, DSW Shoes, Ross Dress for Less, World Market, Kirklands Home, rue21, David's Bridal, Office Depot, Starbuck's, more! The site presently has a zoning classification of IDP, IHC and M-1 by the City of Lubbock. Under this zoning the site currently allows the development of approximately a 6.76 acre tract on Milwaukee Ave. and 2.0687 acres to the east of the detention pond. Frontage on Milwaukee Ave. is approximately 1,022 feet and approximately 550 feet on 2.0687 acre tract on 50th St. The 2011 real estate taxes for the 21.609 acre tract is $34,810. The property is in a floodplain according to FEMA Map Panel 48303C0290-D. Utilities are near site in Milwaukee Ave and in 50th St./Ironton Ave.
- Property Details
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Property Type: Land Use Types: Hospitality, Industrial, Office, Retail, Retail-Pad Status: Available Price: $ 3 Lot Size: 23.680 Acres MSA: Lubbock Zoning: IDP; IHC; M-1 Terms: Cash to Seller Added: 07/09/2012 Last Update: 07/10/2012 - Contact info
- 806-776-2815 [Office]
- Note
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