I-27 Fm 1729 New Deal, TX 79350

Property Details for I-27 Fm 1729

Lot size

31.77 lot acres

Property size

1,383,901 SF

Property type

Retail properties

Property subtype

Land

Description

This exceptional 31.77-acre commercial land parcel presents a compelling investment opportunity in rapidly growing Lubbock County, Texas. Strategically located on a hard corner at the I-27 and N FM 1729 intersection, this property boasts unparalleled visibility and accessibility, benefiting from over 17,500 vehicles passing daily. The site is fully serviced with municipal water, sewer, electricity, and gas, ensuring immediate development readiness. This land is part of a larger, master-planned 550-acre development, including a 258-unit luxury RV resort and water park, retail centers, and a residential neighborhood, creating a vibrant and integrated community. Lubbock County's robust economy, fueled by agriculture and Texas Tech University, shows consistent growth, with an 8% population increase since 2010 and a low unemployment rate of 3.2%. The property's proximity to Lubbock Airport (3.5 miles) and Texas Tech University (7 miles) further enhances its strategic value. This prime location, coupled with the comprehensive master plan and strong economic indicators, makes this a high-potential investment in the dynamic New Deal and Lubbock markets. The land is zoned for commercial use and offers 1,383,901 square feet, with a land value of $6 per square foot. The asking price for this exceptional property is $7,840,800.

Location Insight

City

New Deal

County

Lubbock

State

Texas

Longitude

-101.842

Latitude

33.7375