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Lubbock Land in Opportunity Zone
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N Loop 289, Lubbock, TX 79415

15.64 acres in a Qualified Opportunity Zone.

Property SizeContact for details
Lot Size15.64 Acres
Days on Market1031

Property Features for N Loop 289

General Information

Standard status Active
Lot size 15.64 Acres
Property subtype Land
Zoning AC
Listing Agency: Williams & Company Real Estate, LLC
Listed By: Dan Williams · License #TX-550528
Source: Crexi
Added: Oct 30, 2023 Changed: Aug 8 Last Checked: Aug 24 at 8:20PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 79415, TX

17,499
Population
7,225
Households
2.4
Avg Household Size
30
Median Age
26%
College-Educated
77%
High-School Grad
67.8 sq mi
ZIP Area
258
Density / Sq Mi
$37,101
Median Household Income
$25,506
Median Earnings
$956
Median Rent
$94,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
(806) 777-1310 Call to check price and availability
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