Available for sale, this former Fireworks building is located outside the city limits and is a 50 ft x 100 ft metal building with tall ceilings. It's a fully insulated metal building with HVAC, a rare find in Lubbock. The building sits on 1.72 acres and is priced under replacement cost. The building could be used again as a Fireworks sales location or could be modified to an industrial use by adding overhead doors and building out some office space. The property is located along 19th Street across from the Reese Golf Center and Reese Technology Center.
Property is in a flood plain.
Subject property is located just outside of Lubbock city limits with frontage along 19th Street. Reese Golf Center and Reese Technology Center are located just across the street.
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.