8 acres of premier development land located along the rapidly expanding Milwaukee corridor in the heart of southwest Lubbock. This prime site is just 1/2 mile south of Canyon West, a sprawling 800,000+ square foot mixed-use development featuring anchor stores such as Super Target and Burlington Coat Factory. Additionally, it is approximately one mile from the new Super Walmart. The Milwaukee corridor serves as the main thoroughfare between these two high-traffic retail hubs and stands as the newest major north-south route in Lubbock, connecting U.S. Highway 84 (Clovis Hwy) to FM 1585. The tracts available in this offering are perfectly suited for retail, office, and hotel development.
Please note that Tract A is partially situated within a floodplain.
Located on the south side of 66th Street just west of the 66th Street & Milwaukee Avenue intersection 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.
