10902 Oakridge Avenue

10902 Oakridge Avenue Lubbock, TX 79424

10902 Oakridge Avenue, Lubbock, TX, 79424
110th Street & Oakridge Avenue
10902 Oakridge Avenue, Lubbock, TX, 79424 10902 Oakridge Avenue, Lubbock, TX, 79424 10902 Oakridge Avenue, Lubbock, TX, 79424
FOR SALE
Property Type:
Residential Land Development
Amount:
$1,449,241
Last Verified:
May 07, 2024

Highlights

  • 11.09 acre tract of land suitable for single family residential development.
  • Pre-plat for the tract illustrates 65 lots for single family homes.
  • Located along the south Milwaukee commercial corridor in a rapidly growing area.

Description

11.09 acre tract of land located west of One Ford Road on the northwest side of 110th Street & Milwaukee Avenue in southwest Lubbock. This tract of land has been pre-platted for 65 single-family homes and multiple pocket parks but can be modified based on a developer's concept.

Just to the west of Milwaukee Avenue on 110th Street in southwest Lubbock. This 11.09 acre tract is located at 110th Street & Oakeidge Avenue immediately west of One Ford Road, a residential development and in a quickly growing area of Lubbock along the south Milwaukee corridor, with retail, office, single-family and multi-family development occurring.

Lot Size: 11.09 acres


Documents

110th Street & Oakridge Avenue

Map of 10902 Oakridge Avenue, Lubbock, TX, 79424

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.