Lubbock Land in Opportunity
N Loop 289, Lubbock, TX 79415
15.64 acres in a Qualified Opportunity Zone.
Type:Land
Lot size:
15.64 Acres- Added:
- Oct 30, 2023
- Days on Market:
- 923
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for N Loop 289
General Information
- Standard status
- Active
- Lot size
- 15.64 Acres
- Property subtype
- Land
Listing agent Dan Williams License #TX-550528
Listing office Williams & Company Real Estate, LLC
Listing date Oct 30, 2023
Source Crexi
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 Williams & Company Real Estate, LLC
HighLights
- Located in a Qualified Opportunity Zone (QOF) offering substantial tax benefits for investors.
- High traffic location with over 1100 feet of frontage on Loop 289 and 25,000+ vehicles per day.
- Suitable for diverse development: retail, multi‑family, office, or restaurant.
- Prime location in the rapidly developing North Loop & Quaker Avenue area.
- Close proximity to major institutions: University Medical Center, Texas Tech University, Covenant Health Systems.
- Large 15.64‑acre tract, not in a floodplain, and can be subdivided.
Overview
This property features approximately 15.64 acres of land situated in the North Loop and Quaker Avenue area of Lubbock, within a Qualified Opportunity Zone. The property is not in a floodplain. The tract can be purchased as a whole or subdivided, making it suitable for various uses such as retail development, multi-family housing, office spaces, or restaurants. The land benefits from high visibility and accessibility, with over 1100 feet of frontage on Loop 289. Traffic counts exceed 25,000 vehicles per day traveling east and west. Zoned AC (Auto Urban Commercial), formerly C3, the land is located within 5 minutes of University Medical Center, Texas Tech University, Covenant Health Systems hospital, and the NorthStar Medical office park. Texas Tech University has over 40,000 students. Lubbock is the 11th largest city in Texas with a regional population of 639,921 people. Its economy includes manufacturing, agriculture, wholesale and retail trades as well as government, education, and healthcare. Lubbock has Texas Tech University, Texas Tech University Health Sciences Center, Lubbock Christian University, and South Plains College. These institutions boast over 50,000 undergraduate students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, an agriculture college and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.925034
- Latitude
- 33.594826
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 15.64 acres in a Qualified Opportunity Zone.
Where is this commercial land located?
The property is located at N Loop 289 Lubbock, TX.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone (QOF) offering substantial tax benefits for investors.; High traffic location with over 1100 feet of frontage on Loop 289 and 25,000+ vehicles per day.; Suitable for diverse development: retail, multi‑family, office, or restaurant.
