10 Acres of Improved Commercial Land for Sale in Lubbock, Texas
7806 76th St, Lubbock, TX 79407
Apex Sports & Event Center in Lubbock, Texas, is a prime investment opportunity. With a 73,280 sq ft facility on 10.1 acres, it features four hardwood multi-use courts, ideal for diverse sports events. Fully leased at 100%, it's expected to generate a net operating income of $300,350 in 2023, bringing in a solid 6.26% cap rate. Strategically located in an area expecting a population of over 105,000 and a median household income of $112,300, this center offers a major foothold in Lubbock's sports and event industry. Act now to secure your investment in this thriving market!
Directions
Take US-62 W US-82 W (Marsha Sharp Fwy) toward US-62 US-82. Take the exit toward 82nd St Wolfforth TX-193-LOOP. Go for 0.2 mi. Turn right onto Alcove Ave. Go for 0.2 mi. Turn right onto County Road 7160. Go for 118 ft.
Property details
- County
- Lubbock County
- Elevation
- 3,304 feet
- MLS Number
- NTREIS 20504330
- Date Listed
Parcels
- R323491
Resources
Detailed attributes
Listing
- Type
- Commercial
Structure
- Materials
- Metal
- Roof
- Metal
Interior
- Floors
- Concrete, Wood
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 4, 2024 | New listing | $5,000,000 | — | NTREIS |