Commercial Land
LOOP 289 Lubbock, TX 79409
Details & Description
Price: $2,720,300
    DescriptionLOCATIONProperty is located along the frontage road of N Loop 289 just east of Quaker Avenue.DESCRIPTION15.81 acres of land located in the heart of the rapidly developing North Loop area of Lubbock, TX. The immediate surroundings of the land are teeming with commercial and residential activity. Adjacent to the property to the east is a newly constructed 220-unit independent living center and a 288-unit student housing complex. Additionally, this property is less than one mile from University Medical Center (Texas Tech’s teaching hospital), Texas Tech’s Campus (over 30,000 enrolled students), the Lubbock Heart Hospital, Wayland Baptist University (satelite campus), and a 744-bed student housing complex. This tract may be purchased as a whole or subdivided and is suitable for retail development, multifamily, student housing, office development, or restaurant use.Property is located within a qualified opportunity zone.Property is not in the floodplain.Property is located along the frontage road of N Loop 289 just east of Quaker Avenue.
    Listing Agents
    Beau Tucker

    M: 806-784-3944
    btucker@cbcworldwide.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    LOOP 289

    Lubbock, TX 79409

    Listing ID: 180535
    LOOP 289 Lubbock, TX 79409 | for Sale | Photo 1
    Building Size: --
    Lot Size: 15.810 AC
    Land Size: 688,683 SF
    Building $/SF:
    Land $/SF: $3.95
    Price
    $2,720,300
    Description
    Description

    LOCATION


    Property is located along the frontage road of N Loop 289 just east of Quaker Avenue.




    DESCRIPTION


    15.81 acres of land located in the heart of the rapidly developing North Loop area of Lubbock, TX. The immediate surroundings of the land are teeming with commercial and residential activity. Adjacent to the property to the east is a newly constructed 220-unit independent living center and a 288-unit student housing complex. Additionally, this property is less than one mile from University Medical Center (Texas Tech’s teaching hospital), Texas Tech’s Campus (over 30,000 enrolled students), the Lubbock Heart Hospital, Wayland Baptist University (satelite campus), and a 744-bed student housing complex. This tract may be purchased as a whole or subdivided and is suitable for retail development, multifamily, student housing, office development, or restaurant use.



    Property is located within a qualified opportunity zone.



    Property is not in the floodplain.





    Property is located along the frontage road of N Loop 289 just east of Quaker Avenue.



    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lubbock History of Commercial Land for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Lubbock Area Market Trends

    Listing Demographics for LOOP 289 Lubbock, TX 79409

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population17,74491,909186,074
    Population Median Age253334
    Population by Age0-9 Yrs632 (3%)9269 (10%)22475 (12%)
    10-19 Yrs6630 (37%)16629 (18%)29872 (16%)
    20-29 Yrs7281 (41%)27718 (30%)47026 (25%)
    30-39 Yrs959 (5%)10345 (11%)22318 (11%)
    40-49 Yrs667 (3%)7173 (7%)16774 (9%)
    50-59 Yrs695 (3%)8065 (8%)18431 (9%)
    60-69 Yrs425 (2%)6163 (6%)14265 (7%)
    70+ Yrs456 (2%)6546 (7%)14912 (8%)
    Median HH Income$24,503$37,250$42,367
    Total Household Income< 24K2388 (50%)11711 (35%)21100 (29%)
    25-49K1068 (22%)8896 (27%)19690 (27%)
    50-74K606 (12%)5383 (16%)12241 (17%)
    75-99K196 (4%)2797 (8%)7283 (10%)
    100-199K362 (7%)3252 (9%)8333 (11%)
    200K+90 (1%)850 (2%)1783 (2%)
    Highest Education LevelNo Diploma827880917228
    Diploma or GED9311265528020
    Some College10041086224936
    Assoc. Degree25924436376
    Bachelors Degree689638116099
    Higher Degree964491510378
    Total Housing Units5,47438,04979,703
    --Owner-Occupied93013,19531,265
    --Renter-Occupied3,78019,69439,167
    Owner-Occupied Values< 100K418706013800
    100-199K188424012954
    200-299K1838052465
    300-399K94443927
    400-499K30312551
    500K+18335569
    Total Working Age Population16,80577,010149,416
    In Work Force8,46246,93196,161
    Not In Work Force8,34330,07953,256
    Workforce Employed7,33444,37191,663
    Workforce Unemployed1,1252,5534,452
    Civlian Workforce8,46046,92496,115
    Military Workforce3746
    Total Households4,71032,88970,431
    Family Households1,50617,12839,906
    Non-Family Households3,20415,76130,526
    Married Couple90210,63424,738
    Other Family6036,49415,167
    Married w/Child2434,1809,736
    Single Male w/Child688872,186
    Single Female w/Child1852,3235,841

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Lubbock County242,628+15278,831+14317,210+16367,552

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for LOOP 289 in Lubbock?
    The asking price for LOOP 289 is $2,720,300
    How much land does the Lubbock, TX property at LOOP 289 include?
    LOOP 289 in Lubbock includes 15.810 acres of land
    What is the population within 1 mile of LOOP 289 in Lubbock?
    The population within 1 mile of LOOP 289 Lubbock, TX 79409 is 17,744 people.
    Who do I contact for questions about LOOP 289?
    You should contact the listing agent, Beau Tucker, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    308 University Ave, Lubbock, TX $124,983 - 0.31
    302 Sherman Ave, Lubbock, TX $810,216 - 1.24
    503 North University Avenue, Lubbock, TX CALL - 18.41
    5002 N Loop 289, Lubbock, TX $3,665,574 - 9.35
    204 Slide Road, Lubbock, TX $550,000 - 0.7
    SLIDE RD, Lubbock, TX $1,680,896 - 2.41
    3505 Ave H, Lubbock, TX $449,000 - 1.33
    Clovis Road and Ursuline Street, Lubbock, TX $325,000 - 5
    3505 IH 27, Lubbock, TX $200,000 - 1.33
    4301 Clovis Rd, Lubbock, TX CALL - 9.03

    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 6
    Rick Husband Amarillo International Airport (AMA) 113
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 197