79404, Texas Commercial Real Estate 0 Listings

79404, Texas: A Premier Destination for Commercial Real Estate

Introduction

79404, Texas, is an emerging hub for commercial real estate, fueled by its strategic location and robust economic landscape. This region, part of the vibrant Lubbock metropolitan area, offers a dynamic mix of industries ranging from agriculture and manufacturing to healthcare and education. With its unique positioning and growth opportunities, 79404 is increasingly attracting commercial real estate professionals looking to capitalize on its potential.

Economic and Industry Overview

79404 is home to diverse industries that drive demand for various commercial property types, including:

Agriculture: As part of the Lubbock area, 79404 benefits from the region's strong agricultural base, which supports the need for industrial and storage facilities.
Healthcare: Proximity to major medical centers in Lubbock creates demand for medical office spaces and retail centers.
Education and Research: Nearby Texas Tech University and other institutions fuel the need for flexible office spaces and multifamily developments.

Regional initiatives, such as those by the Lubbock Economic Development Alliance, aim to bolster these industries further, fostering an environment conducive to commercial real estate growth.

Strategic Location and Transportation Infrastructure

79404 offers excellent connectivity through:

Highways: Accessibility via major highways, including Interstate 27 and US Highway 84, facilitates efficient transportation and logistics operations.
Airports: Lubbock Preston Smith International Airport provides regional and national connectivity.
Rail Lines: The area's rail infrastructure supports heavy freight and industrial operations.

These transportation assets position 79404 as a logistical hub with easy access to labor pools and proximity to significant markets. For more details, visit the Texas Department of Transportation.

Commercial Real Estate Inventory & Zoning

79404 features several key CRE submarkets:

Industrial Corridors: Ideal for warehousing and logistics due to proximity to highways and rail.
Retail and Office Spaces: Concentrated around major commercial streets and near educational institutions.
Innovation Districts: Emerging areas catering to startups and tech enterprises.

Recent zoning updates and incentives, such as tax abatements, encourage development. Access the City of Lubbock Zoning Maps for detailed information.

Major Employers and Institutions

Top employers contributing to CRE demand include:

Covenant Health System: Drives demand for medical offices.
Lubbock Independent School District: Supports the need for educational facilities.
Texas Tech University: A major driver of multifamily and retail space demand.

Explore the Lubbock Chamber of Commerce for a comprehensive business directory.

Notable Commercial Developments & Projects

Significant projects in 79404 include:

Mixed-Use Developments: Integrating retail, office, and residential components, leveraging proximity to educational institutions.
Innovation Parks: Facilitated by public-private partnerships, these projects are transforming underutilized areas.

For planning details, visit the City of Lubbock Planning Department.

Building Permits, Planning, and Development Tools

Essential resources for developers include:

Market Data & Economic Reports

Access public datasets and economic reports through:

Brevitas offers AI-powered insights and dashboards, enabling users to explore comprehensive market data for 79404, Texas. Discover more with Brevitas.