NWC of 19th Street and Rochester Ave, Lubbock, TX, 79407

NWC of 19th Street and Rochester Ave Lubbock, TX 79407

Lubbock
FOR SALE
Property Type:
Other Land
Amount:
$1,104,246
Last Verified:
Apr 18, 2024


Description

A commercial development tract in the Burgamy Park subdivision, one of Lubbock’s latest residential subdivisions. Over 2,000 existing and planned homes are surrounding the subject tract. This tract is located in the heart of growing west Lubbock in between the developing subdivisions of Bushland Springs and Burgamy Park. Located along the strong retail corridor of west 19th Street, this corridor is soon to receive Lubbock’s second HEB at 19th and W Loop 289. All utilities have been brought to site and commercial development is ready.

Located in northwest Lubbock along 19th Street.

Lot Size: 3.38 acres


Documents

19th and Rochester - flyer.pdf

Map of NWC of 19th Street and Rochester Ave, Lubbock, TX, 79407

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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.