4906 E Fm 40, Lubbock, TX 79403
$1,650,000
Property Type:
Commercial Sale
Square Footage:
10
Lot Size (sq. ft.):
413,820
Status:
Closed
Current Price:
$1,650,000
List Date:
2/20/2025
Last Modified:
6/20/2025
Description
Park has 32 plus spaces which includes 4 houses and 16 park owned MH's and 1 RV. Park is next to the property owned by the newly built and opened Billion dollar factory Leprino Cheese factory that will employ up to 2,500 employees. The park's 9.515 acres has enough vacant space to add 20 to 30 MH's and/or RV's. WRMHP has its own water and sewage system with the potential to generate over $17,000 revenue monthly. Located within a mile of the Lubbock city limits and the cheese factory that will employee over 2,000 workers which had it's grand opening in February 2025. Another AS-Plant factory being built less than 2 miles away which will employee over 600 employees.
Supplements: ********
More Information MLS# 202550784
Contract Information
Current Price: $1,650,000
Original List Price: 1650000
List Price: $1,650,000
Status: Closed
Listing Contract Date: 2025-02-14
Property Sub Type: Mobile Home Park
Listing Agreement: Exclusive Right To Sell
Owner Name: Mobile Home Management LLC C/O Mike & Judy Palmer
Occupant Type: Tenant
Availability Date: 2025-03-31
Location Tax and Legal
Street Number: 4906
Street Direction Prefix: E
Street Name: Fm 40
County: Lubbock
State: TX
Postal Code: 79403
Zone: 5
General Property Information
Above Grade Finished Area: 7.02
Above Grade Finished Area Source: Other
Building Area Total: 9.52
Building Area Source: Other
Year Built: 1956
Lot Size Acres: 9.5
Lot Size Square Feet: 413820
Lot Size Source: Other
Stories Total: 1
List Price/Acre: 173684.21
List Price/SqFt: 173319.33
Sold Price/Acre: 168631.58
Sold Price/SqFt: 168277.31
Remarks and Miscellaneous
Public Remarks: Park has 32 plus spaces which includes 4 houses and 16 park owned MH's and 1 RV. Park is next to the property owned by the newly built and opened Billion dollar factory Leprino Cheese factory that will employ up to 2,500 employees. The park's 9.515 acres has enough vacant space to add 20 to 30 MH's and/or RV's. WRMHP has its own water and sewage system with the potential to generate over $17,000 revenue monthly. Located within a mile of the Lubbock city limits and the cheese factory that will employee over 2,000 workers which had it's grand opening in February 2025. Another AS-Plant factory being built less than 2 miles away which will employee over 600 employees.
Status Change Information
Major Change Timestamp: 2025-06-20T21:58:49Z
Major Change Type: Status Change
Status Change Timestamp: 2025-06-20
Purchase Contract Date: 2025-02-28
Close Date: 2025-05-23
Buyer Financing: Conventional
Buyer's Lender Closing Costs: No
Land Details
Minerals Available: No
Lock Box Information
Lock Box Serial Number: None
Showing Information
Showing Attended YN: Yes
Showing Advance Notice: 24
Showing Instructions: Only when accompanied by Listing Agent or Owner
Property Features
Foundation Details: Combination
Listing Terms: Cash; Conventional; Owner May Carry
Security Features: None
Special Listing Conditions: Standard
Showing Considerations: None
Showing Requirements: 24 Hour Notice; Appointment Only; Email Listing Agent; No Lockbox; No Sign; Restricted Hours; Text Listing Agent; See Remarks
Listing Office: Exit Realty of Lubbock
Listing Agent: Charles Camp
Last Updated: June - 20 - 2025
Information deemed reliable but not guaranteed.