12016 University Avenue, Lubbock, TX 79423
$2,500,000








Property Type:
Commercial Sale
Square Footage:
12,229
Lot Size (sq. ft.):
2,497,730
Status:
Closed
Current Price:
$2,500,000
List Date:
4/24/2022
Last Modified:
1/31/2025
Description
Lubbock Stockyards for sale. This property is like none other. 57.3 acres on south University that could be used for development, or keep using as an active cattle auction facility. 2 three bedroom, 2 bath apartments, 1 efficiency apt, functioning restaurant, small office in the lobby, feed store, 1 large office, and with smaller offices as well. Also two carports. Attached is a breakdown of features and details. Call LA for more details.
Supplements: ********
More Information MLS# 202203868
Contract Information
Current Price: $2,500,000
Original List Price: 3500000
List Price: $2,500,000
Status: Closed
Listing Contract Date: 2022-04-24
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Owner Name: Lubbock Stockyards Inc
Occupant Type: Tenant
Location Tax and Legal
Street Number: 12016
Street Name: University
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79423
Zone: 7
General Property Information
Above Grade Finished Area: 12229
Above Grade Finished Area Source: Appraiser
Building Area Total: 12229
Lot Size Acres: 57.34
Lot Size Square Feet: 2497730
Lot Size Source: Public Records
Basement YN: No
List Price/Acre: 43599.58
List Price/SqFt: 204.43
Sold Price/Acre: 31391.7
Sold Price/SqFt: 147.19
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Stack Yard, Specific Use: No, # Wells: 0
Public Remarks: Lubbock Stockyards for sale. This property is like none other. 57.3 acres on south University that could be used for development, or keep using as an active cattle auction facility. 2 three bedroom, 2 bath apartments, 1 efficiency apt, functioning restaurant, small office in the lobby, feed store, 1 large office, and with smaller offices as well. Also two carports. Attached is a breakdown of features and details. Call LA for more details.
Status Change Information
Major Change Timestamp: 2022-12-15T22:21:56Z
Major Change Type: Status Change
Status Change Timestamp: 2022-12-15
Purchase Contract Date: 2022-10-15
Close Date: 2022-12-15
Buyer Financing: Conventional
Buyer's Lender Closing Costs: No
Buyer's Lender Closing Costs Comments: Contact ListingAgent
Land Details
Minerals Available: No
Crops Included YN: No
Showing Information
Showing Instructions: Contact ListingAgent
Property Features
Building Features: Conference Room
Business Type: Distribution; Fast Food; Industrial; Mixed; Professional/Office; Residential; Restaurant; Retail; Storage; Transportation; Warehouse; Other
Fencing: Fenced
Foundation Details: Slab; None
Listing Terms: Cash; Conventional
Parking Features: Unpaved
Road Surface Type: Paved
Water Source: Well
Showing Considerations: Occupied
Showing Requirements: Call Listing Office; Text Listing Agent
Listing Office: Aycock Realty Group, LLC
Listing Agent: Brian Aycock
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.