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3201 Loop 289 - 3201 S Loop 289 8.6 Acres of Commercial Land Offered at $3,700,000 in Lubbock, TX 79423
Investment Highlights
- Only South Loop 289 development land available.
Executive Summary
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.
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$25,670
|
$2,984.88
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,670
|
$2,984.88
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $25,670 |
| Annual Per AC | $2,984.88 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $25,670 |
| Annual Per AC | $2,984.88 |
Property Facts
1 Lot Available
Lot
| Price | $3,700,000 | Lot Size | 8.60 AC |
| Price Per AC | $430,232.56 |
| Price | $3,700,000 |
| Price Per AC | $430,232.56 |
| Lot Size | 8.60 AC |
Prime commercial development land available on South Loop 289
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R132350 | Total Assessment | $1,413,648 (2025) |
| Land Assessment | $1,413,648 (2025) | Annual Taxes | $25,670 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R132350
Land Assessment
$1,413,648 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,413,648 (2025)
Annual Taxes
$25,670
Tax Year
2024
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3201 Loop 289 - 3201 S Loop 289
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