NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416

NWQ 4th Street & Alcove Avenue Lubbock, TX 79416

NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416
NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416 NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416 NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Jul 17, 2024

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Description

This expansive 146-acre tract is perfectly positioned for residential development. Located on the northern city limits of Lubbock, the property offers potential flexibility in development options. Conveniently, utilities are located along 4th Street and in close proximity, streamlining the development process. The property is highly accessible, boasting excellent road frontage along 4th Street and Alcove Avenue, with easy connections to major thoroughfares. Additionally, the nearby Loop 289 provides quick access to the broader Lubbock area. The site is surrounded by rapidly developing residential neighborhoods and mixed-use projects, including Hill Valley, Cypress Ranch, and Upland Crossing. Importantly, no sewer lift stations are needed, as the city has already approved residential development, and commercial development is also ready for implementation.

Located in the northwest quadrant of 4th Street & Alcove Avenue in Lubbock, TX.

Lot Size: 148.0 acres


Documents

Flyer - NWQ 4th & Alcove

Map of NWQ 4th Street & Alcove Avenue, Lubbock, TX, 79416

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What are Real Estate Incentives?

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.