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Industrial Development Land
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1620 N LOOP 289, Lubbock, TX 79403

Large tract with creek and floodplain area, offering development flexibility near Loop 289 and I-27.

Property SizeContact for details
Days on Market91

Property Features for 1620 N LOOP 289

General Information

Standard status Active
Property subtype Industrial, Mixed Use, Land
Zoning IP
Listing Agency: McDougal Realtors
Listed By: Ethan Quisenberry · License #TX
Source: Crexi
Added: Jun 19 Changed: Sep 10 Last Checked: Sep 16 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McDougal Realtors

Investment Insights

Based on property information with market context.

This expansive industrial development land offering at 1620 N Loop 289 includes a natural creek running through the northeast portion of the property, with a portion of the site located within the floodplain. Substantial acreage remains available for development, and the property is described as having commercial zoning, supporting a range of industrial-oriented uses.

The site is positioned inside Loop 289 with access to both Loop 289 and I-27, providing convenient connectivity for commercial development. The combination of size, access, and development constraints tied to the creek/floodplain creates a practical opportunity to plan around the buildable areas.

The property is marketed as suitable for industrial users and development concepts such as distribution, manufacturing, outdoor storage, or an RV park, depending on how site planning accounts for the floodplain portion.

Key Highlights

  • 58‑acre commercial development tract inside Loop 289 with access to both Loop 289 and I‑27
  • Natural creek runs through the northeast portion of the property
  • A portion of the site is within the floodplain, leaving substantial acreage available for development

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Electrical Service Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 79403, TX

15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Large tract with creek and floodplain area, offering development flexibility near Loop 289 and I-27.
Where is this industrial land located?
The property is located at 1620 N LOOP 289 Lubbock, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 58‑acre commercial development tract inside Loop 289 with access to both Loop 289 and I‑27; Natural creek runs through the northeast portion of the property; A portion of the site is within the floodplain, leaving substantial acreage available for development
(806) 317-0234 Call to check price and availability
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