This high-exposure commercial tract offers direct access to a major arterial corridor with strong daily traffic counts, making it ideal for retail, service, or mixed-use development. Proximity to Lubbock-Cooper High School, Middle School, and Central Elementary supports a robust local demographic and workforce. Ongoing residential developments in the area are driving continued population growth. Accessibility is further enhanced by interstate/highway traffic. All utilities are available at the site, and the corner frontage provides optimal visibility and ingress/egress, appealing to national retailers, medical users, and developers targeting this high-traffic corridor of south Lubbock.
Located at the northeast corner of Highway 87 (Interstate 27) and 98th Street in Lubbock, TX.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
