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3201 Loop 289 - 3201 S Loop 289

8.6 Acres of Commercial Land Offered at $4,500,000 in Lubbock, TX 79423

Investment Highlights

  • Only South Loop 289 development land available.

Property Facts

Price $4,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hospitality
  • Hotel
  • Restaurant
Total Lot Size 8.60 AC

1 Lot Available

Lot

Price $4,500,000
Price Per AC $523,256
Lot Size 8.60 AC

Prime commercial development land available on South Loop 289

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R132350
Land Assessment
$1,413,648
Improvements Assessment
$0
Total Assessment
$1,413,648

zoning

Zoning Code MDR
MDR
  • Listing ID: 30044564

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 3201 Loop 289, Lubbock, TX 79423

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