Discover this exceptional 15.9-acre development tract located in West Lubbock, featuring extensive frontage along 66th Street for maximum visibility. This site is strategically positioned for retail, office, or mixed-use development within a rapidly expanding area. Nearby, the burgeoning Alcove Trails community boasts vital educational institutions, including Alcove Trails Middle School, Ridgewood Elementary School, and Frenship Memorial High School, ensuring a steady influx of potential customers. The area is also witnessing significant growth, with many notable developments making this property a compelling investment opportunity. The property can be subdivided and is partially situated in a floodplain. Utilities are readily accessible, providing a seamless integration for future developments.
OPTIONS: 15.9 Acres (subdividable to 1 Acre) - Call Broker for Pricing
Located on the north side of 66th Street 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.
