Loop 289 Lubbock, TX 79415
- Land
- 15.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 Loop 289
- Lot size
- 15.64 lot acres
- Property type
- Land
Description
This exceptional 15.64-acre commercial land parcel sits at the highly visible corner of North Loop 289 and Quaker Avenue in Lubbock, Texas. Boasting over 1,100 feet of frontage on Loop 289, this property enjoys over 25,000 daily vehicle counts, ensuring maximum exposure. Zoned AC (Auto Urban Commercial), formerly C3, it's ideally suited for a variety of uses including retail, multi-family, office, or restaurant development. The land is not located in a floodplain and offers significant advantages for Qualified Opportunity Zone (QOZ) investors seeking substantial tax benefits. Its strategic location provides easy access to major thoroughfares and is within five minutes of prominent institutions such as Texas Tech University (over 40,000 students), University Medical Center, Covenant Health Systems, and the NorthStar Medical Office Park. Lubbock's robust economy, encompassing manufacturing, agriculture, wholesale and retail, government, education, and healthcare, makes this a compelling investment opportunity. The property's size allows for development as a whole or subdivision, catering to diverse project scales. The APN is R94885. The land is priced at $8 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.903
- Latitude
- 33.6085
