Prime development land available in the rapidly growing Milwaukee corridor, located in the heart of southwest Lubbock. This site is just half a mile south of Canyon West, the 800,000+ square foot mixed-use development anchored by Super Target and Burlington Coat Factory. Additionally, it is approximately one mile from a Super Walmart. The Milwaukee corridor serves as the main transportation route between these two high-traffic retail hubs and is the strongest major north-south thoroughfare in Lubbock, connecting U.S. Highway 84 (Clovis Hwy.) to FM 1585. The available tracts are well-suited for retail, office, or hotel development.
A portion of this property is in the floodplain.
This tract is located at the southeast corner of Milwaukee Avenue & Spur 327 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.
