4027 Clovis Road, Lubbock, TX, 79415

4027 Clovis Road Lubbock, TX 79415

4027 Clovis Road, Lubbock, TX, 79415
4027 Clovis Road, Lubbock, TX, 79415
FOR SALE
Property Type:
Other Land
Amount:
$895,000
Last Verified:
Oct 24, 2023

Highlights

  • +/- 7.83 Acres Also Available
  • +/- 9.03 Acres Also Available
  • Near Developing Medical Area
  • New Student Housing Development Nearby
  • 3 miles to Texas Tech University
  • Zoned LI & HC

Description

Irregular shaped tract located at the Southwest corner of Clovis Road and Ursuline Street, just East of North Quaker Avenue. This tract is predominantly zoned Light Industrial, with a small strip zoned Heavy Commercial on the NE border of the tract. This is an excellent opportunity for a new industrial development in a rapidly developing part of Lubbock, or could be combined with the neighboring tract to the East for a multi-family development.

Located East of N Quaker Avenue and fronting Clovis Highway, seconds from Loop 289.

Lot Size: 8.86 acres


Documents

Sale Brochure

Map of 4027 Clovis Road, Lubbock, TX, 79415

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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.