220 Aspen Ave
Lubbock, TX 79403
Land For Sale · 25.00 AC

Discover an exceptional opportunity with this prime vacant land located in the newest planned development in New Deal, Texas. This land is ideally suited for investors, developers, and visionaries eager to capitalize on the rapid growth of this charming town, which is just minutes away from Lubbock, TX. The development features a brand new roadside convenience store and truck stop, strategically positioned to attract consistent traffic and provide essential services to travelers and locals alike. The available tracts offer a range of possibilities, from retail and residential to commercial and multifamily developments, making it a versatile and attractive investment. A significant financial advantage is the pro-rated main fees, which have already been covered by the developer, allowing for a smooth transition to construction and development. The land is fully equipped with essential utilities, including water, sewer, and electrical services. Its prime location along Interstate 27, with a daily traffic volume of 20,000 vehicles, ensures high visibility and accessibility for any business venture. Additionally, the development is situated within an opportunity zone, offering significant tax incentives for long-term investments. New Deal, Texas, is a highly sought-after community known for its welcoming atmosphere, top-rated schools, and close proximity to Lubbock. The town is set to benefit from a recently approved $48.5 million school bond, which will further enhance its already excellent education system and make it even more attractive for families. A new 45,000 square foot retail shopping center is breaking ground within the development and entering the pre-leasing phase, positioning itself as a key commercial hub in the area. Don’t miss the chance to be part of New Deal’s exciting growth. Whether you envision a retail center, a residential community, or a commercial enterprise, this land offers the perfect foundation for your success. Owner will consider subdividing the tracts. For more information or to schedule a site visit, please contact listing agent today.