Lubbock, TX Commercial Land for Sale

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Updated: Aug 25

Nine-House Multifamily Property

7603 Alcove Avenue # A-d, Lubbock, TX 79407

$1,100,000

9,752 sqft 4.00 AC lot

4±-acre multifamily property at 7603 Alcove Avenue # A‑d
Nine rental houses currently improve the site
Existing rentals generate ongoing income
Immediate access to US‑82/62, also known as Marsha Sharp Fwy
United Supermarkets planned across the street

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This listing looks promising.

Here's a quick look at some key insights for

7603 Alcove Avenue # A-d, Lubbock, TX 79407

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Est. Cap Rate

7.2%
Above avg (5.9%)
Est. NOI

$79K
Annual
Price @ 7% Cap

$1.13M
Above asking
Property Type

Rural Residence
Built 1944

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Updated: Apr 17

Commercial Land Tract with Road Frontage

4212 FM179, Lubbock, TX 79407

$537,966

2,344 sqft 1.90 AC lot

1.9‑acre tract with frontage along FM 179
Currently improved with a 2,344 SF 3‑bedroom, 2‑bath home
Located outside of city limits; near the future Loop 88 interchange at 50th St (about 1 mile east)
Utilities include water available; home on well and septic
Year built 1956 with central heating (natural gas) and central air conditioning

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Commercial Land Tract

6000 4th Street, Lubbock, TX 79416

$714,492

1.82 AC lot

Commercial land tract for sale on 4th Street in Lubbock, TX.

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Vacant Development Land Opportunity

9511 19th St, Lubbock, TX 79407

$500,000

0.97 AC lot

Vacant lot available for buyers looking to position for future area development near a proposed Loop 88 corridor.

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Commercial Land Tract Near I-27

11201 Avenue P, Lubbock, TX 79423

$675,000

9.42 AC lot

A 9.42-acre commercial land tract with relatively flat topography and access from Avenue P, located in a designated floodway.

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Mixed-Use Commercial Land

2212 Upland Avenue, Lubbock, TX 79407

$800,000

4.04 AC lot

Level development site with two street frontages and Mixed-Use zoning.

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Commercial Land with HC Zoning

7408 19th Street, Lubbock, TX 79407

$135,000

891 sqft 0.49 AC lot

Commercial land with city utilities and HC zoning allowing automotive-related sales and service plus convenience retail uses.

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Commercial Land with Existing Building

4011 Southeast Dr, Lubbock, TX 79404

$650,000

2,200 sqft

Five commercial parcels are offered together with an on-site structure.

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Retail Land Tract with Fenced Frontage

8902 University, Lubbock, TX 79423

$440,836

0.85 AC lot

Commercial land with a paved and fenced front, zoned AC- Auto Urban Commercial and offered with build-to-suit flexibility.

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Improved Commercial Land

3802 Idalou Road, Lubbock, TX 79403

$115,000

2,260 sqft 0.87 AC lot

Improved site with sewer, water, restroom, vent hood, exhaust system, and grease trap infrastructure.

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Lubbock Commercial Parcel on Loop

Hardcorner Loop 88 & Slide Road, Lubbock, TX 79424

$1,698,840

1 sqft

1.95-acre commercial parcel with visibility and access.

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Industrial-Commercial Vacant Land Tract

4002 N Interstate 27, Lubbock, TX 79403

$399,000

7.93 AC lot

Vacant 7.93-acre tract with interstate frontage and heavy commercial and industrial zoning in Lubbock.

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Commercial Land on Highway Frontage

7409 Marsha Sharp, Lubbock, TX 79407

$749,999

1.80 AC lot

1.8-acre commercial parcel with direct frontage on Hwy 62-82, including wells and septic tanks on-site.

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Heavy Commercial Land Tract

7521 82nd St, Lubbock, TX 79424

$1,751,918

4.73 AC lot

4.73-acre heavy commercial tract with dedicated access from 82nd Street, suited for a wide range of development uses.

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Commercial Land with FS-2 Zoning

2102 N Ridge Road, Lubbock, TX 79403

$364,000

2.34 AC lot

Commercial land near I-27 and North Loop 289 with FS-2 zoning, utilities available, and most of the site outside the FEMA floodplain.

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Rail-Adjacent Commercial Land

701 Avenue F, Lubbock, TX 79401

$105,750

0.36 AC lot

Vacant site with public water and public sewer near major transportation routes.

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Industrial Land on Loop 289

702 NE Loop 289, Lubbock, TX 79403

$975,000

10 sqft

10.46 acres of industrial land with Loop 289 frontage.

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Lubbock Land at 66th & Upland

7401 66th Street, Lubbock, TX 79407

$2,500,000

9.16 AC lot

9.16 acres at a major West Lubbock intersection.

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Commercial Land Near Interstate

2102 North Ridge Road, Lubbock, TX 79403

$364,000

102,000 sqft

Commercial land site positioned on the west side of Interstate 27 near N Loop 289 and a Super 8 Motel.

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Heavy Commercial Land

6701 Quincy Avenue, Lubbock, TX 79424

$135,000

0.83 AC lot

Vacant commercial parcel with zoning supporting office or shop development.

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Lubbock Development Land For Sale

6621 & 6709 66th Street, Lubbock, TX 79424

$1,688,385

8 sqft

8 acres of development land in southwest Lubbock.

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Hard Corner Commercial Land Tract

9704 Upland Avenue, Lubbock, TX 79424

$3,700,000

3.53 AC lot

High-visibility hard-corner site with strong traffic exposure, positioned for future retail, restaurant, medical, or mixed-use development.

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Commercial Land with Utilities

16401 Fm 1730, Lubbock, TX 79424

$3,857,673

7.38 AC lot

7.38-acre commercial tract with two well houses included; three manufactured homes will be moved prior to closing.

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Lubbock Commercial Land For Sale

7603 Alcove Avenue, Lubbock, TX 79407

$1,100,000

19,504 sqft 4.00 AC lot

4+/- acres with income, development potential in fast-growing area.

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Lubbock, TX Commercial Land Market Trends and Statistics

Explore 357 commercial land for sale in Lubbock, TX, showcased through 357 active listings on our real estate platform. These investment opportunities span a total of 4,360,522,349 square feet of properties for sale, with an estimated market value of $107,450,130.

Sale prices for commercial lots in Lubbock, TX start at $30,000, averaging $1,074,501, and reaching up to $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 286K

Population Growth (5Y) +0.1%

Median Household Income $66,110

College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Lubbock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
79412	$182.3K
79401	$191.5K
79415	$233K
79404	$297.3K
79403	$408.6K

Taxes & Financing

Tax Rate (average for all types) 1.81%

Property Tax per SF $22.36 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lubbock County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lubbock County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Lubbock fall within the 1 to 5 acres range.

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Lubbock, TX Commercial Land for Sale

7603 Alcove Avenue # A-d, Lubbock, TX 79407

4212 FM179, Lubbock, TX 79407

6000 4th Street, Lubbock, TX 79416

9511 19th St, Lubbock, TX 79407

11201 Avenue P, Lubbock, TX 79423

2212 Upland Avenue, Lubbock, TX 79407

7408 19th Street, Lubbock, TX 79407

4011 Southeast Dr, Lubbock, TX 79404

8902 University, Lubbock, TX 79423

3802 Idalou Road, Lubbock, TX 79403

Hardcorner Loop 88 & Slide Road, Lubbock, TX 79424

4002 N Interstate 27, Lubbock, TX 79403

7409 Marsha Sharp, Lubbock, TX 79407

7521 82nd St, Lubbock, TX 79424

2102 N Ridge Road, Lubbock, TX 79403

701 Avenue F, Lubbock, TX 79401

702 NE Loop 289, Lubbock, TX 79403

7401 66th Street, Lubbock, TX 79407

2102 North Ridge Road, Lubbock, TX 79403

6701 Quincy Avenue, Lubbock, TX 79424

6621 & 6709 66th Street, Lubbock, TX 79424

9704 Upland Avenue, Lubbock, TX 79424

16401 Fm 1730, Lubbock, TX 79424

7603 Alcove Avenue, Lubbock, TX 79407

Lubbock, TX Commercial Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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