4501 N University Prime Residential Development Land

4501 University Ave Lubbock, TX 79415

4501 University Ave, Lubbock, TX, 79415
4501 University Ave, Lubbock, TX, 79415 4501 University Ave, Lubbock, TX, 79415
FOR SALE
Property Type:
Residential Land Development
Amount:
$353,124
Last Verified:
Dec 11, 2023

Highlights

  • Excellent residential development land adjacent to Hillcrest residential development.
  • Exclusive neighborhood
  • Walking distance to Hillcrest Golf and Country Club

Description

13.8479 Acres Prime Residential Development Land North and Adjacent to Hillcrest South Development

13.8479 Acres North of the Hillcrest Addition West of Farm Road 1264

Lot Size: 13.85 acres


Documents

4501 N. University Avenue Sale Brochure

Map of 4501 University Ave, Lubbock, TX, 79415

Presented by:
WestMark Commercial | TCN Worldwide

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Elbert Wuthrich


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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.