This development tract is strategically situated along the future Loop 88, offering exceptional positioning. Located within the highly sought-after Lubbock-Cooper School District, this tract is surrounded by thriving subdivisions such as Kelsey Park, Viridian, Bella Mia Estates, and Bell Farms. Additionally, it boasts proximity to the prestigious Red Feather Golf & Social Club. The area benefits from convenient access via Quaker and Indiana Avenues, widened 7-lane roads, further enhancing its accessibility and convenience. With the ongoing growth of both residential and commercial developments in the vicinity, these tracts are primed for immediate commercial development. Tracts are located outside of a floodplain.
Located at the southeast corner of future Loop 88 (130th Street) & Norfolk 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.
