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289 Swq I-27 & Loop Lubbock, TX 79416

For Sale
$694,890

7.09 Acres, Prime Lubbock Location

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional 7.09-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Strategically located at the southwest corner of Interstate 27 and North Loop 289, this property enjoys unparalleled access to major transportation arteries, connecting businesses to the entire city and beyond. North Lubbock's robust growth, fueled by the presence of Texas Tech University, University Medical Center, and Covenant Health System, creates a high demand for new commercial and residential developments. This translates into significant potential for future development, catering to the needs of a growing population and thriving job market. The relatively affordable land cost in this area further enhances the investment appeal. The property's location offers convenient access to a large and diverse workforce, making it ideal for a variety of commercial ventures. Note that the current owner will retain an existing cell tower lease on the property. This prime location, coupled with the area's dynamic growth, makes this a compelling opportunity for developers seeking a strategic foothold in a rapidly expanding market. The asking price for this exceptional 7.09-acre tract is $694,890.90. The property is situated in Lubbock, Texas, zip code 79416.

Property Features for 289 Swq I-27 & Loop

General Information

Property type
Land
Lot Size
308,840 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.844908
Latitude
33.618165

FAQs

What type of property is this?
Land - 7.09 Acres, Prime Lubbock Location
Where is this land located?
The property is located at 289 Swq I-27 & Loop Lubbock, TX.
What is the asking price?
The asking price for this property is $694,890.
More about this property
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