510 Valencia Avenue, Lubbock, TX 79416
$499,000
Property Type:
Commercial Sale
Square Footage:
11,400
Lot Size (sq. ft.):
201,465
Status:
Closed
Current Price:
$499,000
List Date:
12/29/2023
Last Modified:
1/31/2025
Description
Excellent investment opportunity for your business or redevelopment. This 4.625 acre lot features multiple buildings including a 2,000 sq ft metal office building with multiple offices - an open work space & kitchenette in addition to an 8,525 sq ft warehouse with 3 - 14 ft overhead doors. The property also offers an ag barn with overhead door and animal pens. So much potential to add value to this property. This property is zoned R-1 -- future uses beyond residential development may require a zoning change.
Supplements: ********
More Information MLS# 202316987
Contract Information
Current Price: $499,000
Original List Price: 499000
List Price: $499,000
Status: Closed
Listing Contract Date: 2023-12-29
Property Sub Type: Industrial
Listing Agreement: Exclusive Right To Sell
Owner Name: Keyton, Gary D & Susan A
Occupant Type: Vacant
Location Tax and Legal
Street Number: 510
Street Name: Valencia
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79416
Zone: 8
General Property Information
Above Grade Finished Area: 11400
Above Grade Finished Area Source: Public Records
Building Area Total: 11400
Lot Size Acres: 4.625
Lot Size Square Feet: 201465
Lot Size Source: Other
Basement YN: No
List Price/Acre: 107891.89
List Price/SqFt: 43.77
Sold Price/Acre: 90378.38
Sold Price/SqFt: 36.67
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Stack Yard, Specific Use: Yes, # Wells: 0
Public Remarks: Excellent investment opportunity for your business or redevelopment. This 4.625 acre lot features multiple buildings including a 2,000 sq ft metal office building with multiple offices - an open work space & kitchenette in addition to an 8,525 sq ft warehouse with 3 - 14 ft overhead doors. The property also offers an ag barn with overhead door and animal pens. So much potential to add value to this property. This property is zoned R-1 -- future uses beyond residential development may require a zoning change.
Status Change Information
Major Change Timestamp: 2024-04-29T21:22:55Z
Major Change Type: Status Change
Status Change Timestamp: 2024-04-29
Purchase Contract Date: 2024-04-29
Close Date: 2024-04-29
Buyer Financing: Conventional
Buyer's Lender Closing Costs: No
Buyer's Lender Closing Costs Comments: Key Box
Building Features
Number of Overhead Doors: 3
Land Details
Minerals Available: No
Crops Included YN: No
Lock Box Information
Lock Box Combination Code: 0918
Showing Information
Showing Instructions: Key Box
Property Features
Building Features: Kitchen/Break Room
Business Type: Distribution; Industrial; Mixed; Professional/Office; Residential; Restaurant; Retail; Storage; Transportation; Warehouse; Other
Construction Materials: Metal Siding; Steel Frame
Fencing: Fenced
Foundation Details: Slab
Listing Terms: Cash; Conventional
Overhead Doors: Grade Level
Parking Features: Paved
Road Surface Type: Paved
Roof: Metal
Sewer: Septic Tank
Utilities: Electricity Available
Water Source: Private; Well
Showing Requirements: Lockbox; Text Listing Agent
Documents
Survey ›Listing Office: Williams & Company Real Estate
Listing Agent: Dan Williams
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.