3201 S Loop 289
- Located along Lubbock's most traveled road - South Loop 289
- Former full service hotel site
- Site plan available for three - 1 acre tracts and one - 5 acre tract to develop
- Core location adjacent to major thoroughfares
- 8.583 acres -- 373,875.48 soft -- $12/sqft
Property Description
This South loop development is the only prime commercial development land available on South Loop 289. This site is positioned between the two major thoroughfares- Indiana Ave and University Ave. Nearby businesses include Target (recent major renovation) - Wendy's - McDonald's - Pyramid Office Plaza (recent ownership change and multi-million dollar renovation) - Pollard Ford - Gene Messer Volkswagen and the development overlooks a charming playa lake. This is an excellent location in the rapidly growing South side of Lubbock. Less than 10 minutes away from Texas Tech University, Covenant Health systems, the South Plains Mall and dozens of other retailers. Can be divided. Call for additional details.
Broker Details
Williams & Company Real Estate 806-860-6945
MLS ID: 812021795 State License Number: 0550528
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $3,700,000 |
| Lot Size: | 8.58 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout