7806 76th Street Lubbock, TX $ 5,000,000
7806 76th Street
$ 5,000,000
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7806 76th Street

Lubbock, TX, 79407
$ 5,000,000
Baths0.0

Monthly Estimate*

$ 34,926

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Studio

Commercial Property for sale in Lubbock, TX

for $5,000,000. This building was built in 2014 on a lot size of 10.001.

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!

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

10.001

Year Built

2014

Town/City

Lubbock

County/Region

Lubbock

MLS | Web ID

20504330

Features
General
Heating Other
Cooling Other
Utilities City Sewer Electricity Connected Well
Ceiling Height Other
Possession 30-60 Days 60-90 Days Negotiable
Roof Metal
Year Built 2014
Business Type Arts and Entertainment Athletic
Property SubType Business
Subdivision Name NA
County Lubbock
Property Type Commercial Sale
Construction Materials Metal Siding Steel Siding
Year Built Details Preowned
Status Active
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 7
City Lubbock
Buyer Agent Compensation 3
Street Name 76th
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Lot Features Acreage
Lot Size Source Public Records
Parking Features Parking Pad
Lot Size 10 to < 50 Acres
Foundation Slab
Building Area Total 72066.00
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Interior
Flooring Concrete Wood
Total Stories 1
Total Units 1
Street Suffix Street
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Internal Only
Street Number 1 7806
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* Excluded Features
List By
Austin Williams

Listing Agent

Milestone Realty Group

Broker

Affordability Calculator

$34,926
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,926
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/3/2024 $5,000,000 Listed Price

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7806 76th Street, Lubbock, TX, 79407 is a Commercial Property for sale at $5,000,000 with a lot size of 10.001. 7806 76th Street is a studio with 0.0 baths and was built in 2014. The property's zip code is 79407 which is in Lubbock, TX