Sold

158± Acres

Sold

Lubbock County, Texas

Contact Brochure (806) 781-2167 Text Me

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Ask Peter Griffith

Shallowater Development Land

ID: 46279

Status: Sold

Acres: 158

Type: Undeveloped Land, Business Opportunity

City, State: Shallowater, Texas

County: Lubbock

Zip Code: 79363

Lat/Long: 33.688973, -101.998227

Presented By: Peter Griffith

Phone: (806) 781-2167

Email: Click to Contact

Description

Heres an opportunity for a savvy investor to get ahead of the curve and obtain 157.5± acres with a prime location and frontage along the future outer Loop 88 project just outside Shallowater along FM 179.

These properties have two separate owners. The properties can be purchased as a package or separately. The owner to the North has roughly 70.9± acres, and the owner to the South has roughly 86.6+/-. Both tracts are being offered at $9500/acre, which brings the 86.6± acre tract to $822,700, and the 70.9± acre tract to $673,550.

The properties are both currently leased on a 75%/25% crop share throughout the 2022 crop season.

Peter Griffith

Lubbock, Texas

(806) 781-2167

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