Major intersection at Erskine St. and Frankford Ave.

5715 Erskine St. Lubbock, TX 79416

5715 Erskine St., Lubbock, TX, 79416
Lot lines
5715 Erskine St., Lubbock, TX, 79416
FOR SALE
Property Type:
Other Land
Amount:
$389,598
Last Verified:
Mar 05, 2019

Highlights

  • Price $389,598
  • Price per SF $6.00
  • 7 minutes away from West End Shopping Center and 10 minutes to Texas Tech
  • 12 minutes to 19th St. hospital district
  • Requires a Rule 12 plat approved by the chairman of the planning and zoning commission
  • Listing Agent represents Seller

Description

Major intersection at Erskine St. and Frankford Ave. Total traffic count VPD = 17,907. Zoning Use District C2 Local Retail including C2A uses. Located east of the Covenant Medical Northwest Clinic and Creative Learning Center day care.
Under construction on Frankford Ave.: St. Clair-Massy Ortho, Uptown West master planned 253 lot subdivision and Lincoln 16 subdivision with the first phase of 116 lots.

NE quad of Erskine St. and Frankford Ave. Best Use: Retail, Office, Bank, Day Care Center, Drug Store, Fast Food, Health Care, Neighborhood Center, Restaurant, Strip Center, Market, hold for development or investment.

Lot Size: 1.49 acres

Map of 5715 Erskine St., Lubbock, TX, 79416

Presented by:
Thumb_35bf0fab6f

Request additional information
Icon_90bfb03b26


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.