This 2.879-acre commercial parcel offers exceptional visibility and access in a rapidly developing area of Lubbock. Strategically positioned for retail or mixed-use development, the property is in close proximity to Laura Bush Middle School and Lubbock-Cooper Liberty High School, ensuring a steady flow of potential customers. The development of Loop 88 is set to significantly enhance connectivity and traffic flow in the region, creating new commercial opportunities and attracting both local and regional patrons. As this major thoroughfare continues to evolve, it presents an ideal environment for businesses looking to establish a presence in this vibrant area. The property is zoned as Auto-Urban Commercial and, it is situated in a floodplain, and utilities are readily available to support development endeavors.
Located at the northeast corner of Loop 88 & University 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.
