10 Acres of Improved Commercial Land for Sale in Lubbock, Texas

7806 76th St, Lubbock, TX 79407

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$5,000,000
10 acres
Active sale agoEst $34,652/mo

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!

Sq feet
2014
Built

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

Coordinates
33.5255, -101.9891
Elevation
3,304 feet
MLS Number
NTREIS 20504330
Date Listed

Parcels

  • R323491

Resources

This 10-acre property is located at 7806 76th St in Lubbock, TX 79407 with latitude 33.5255 and longitude -101.9891. The property is currently available for sale for $5,000,000. It has a structure built in 2014. Listing data is sourced from North Texas Real Estate Information Systems # 20504330.

Verify sale details at the property source or contact Milestone Realty Group at (940) 781-4673.

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Copyright (C) 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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