This commercial site at Lubbock’s western edge, adjacent to Wolfforth, offers prime frontage on 82nd Street with direct access to US Highway 62/82. Surrounded by established retailers and restaurants—IHOP, Buffalo Wild Wings, Pizza Hut, Sonic, and Domino’s—and hotels like Holiday Inn Express and Apex Event Center, it benefits from high traffic and regional connectivity. Nearby residential areas Preston Manor and Rancho Verde Estates, supported by Frenship High School, Bennett Elementary, and Frenship Middle School, provide a steady customer base. Future developments include a United Supermarkets site and expanding housing, enhancing the site’s appeal for retail, service, or mixed-use commercial projects. Utilities are available for immediate development.
Located at the northwest corner of 82nd Street & Wausau Avenue in between Upland Avenue and Alcove Avenue in Lubbock, TX.
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.