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    117 University Ave Lubbock, TX 79415

    For Sale
    $650,000

    COMMERCIAL - Lubbock, TX

    Property size:
    2,130 SF
    Lot size:
    0.97 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 117 University Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Rooms
    Basement
    APN
    R25052
    Parking features
    Parking Lot
    Size
    2,130 SF
    Lot size
    0.97 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1966
    Floors in Building
    2

    Exit Realty of Lubbock (806) 771-3900

    Listing agent Shelley Woodbridge (806) 200-3205 License #0696579

    Listing date Oct 16, 2025

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Commercial Property Near University

    This commercial property in Lubbock, Texas, offers an opportunity to own a local establishment. Situated in close proximity to Texas Tech University and the Jones AT&T Stadium, the property occupies just under 1 acre. The site provides ample parking and potential for various uses. The property is suitable for restaurants and retail purposes. The building size is 2,130 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tommy's Famous Burgers Hamburger Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Firehouse Subs Texas Tech

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.870014
    Latitude
    33.596792

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/retail property near Texas Tech and Jones AT&T Stadium.
    Where is this restaurant located?
    The property is located at 117 University Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Excellent proximity to Texas Tech University.; - Close to Jones AT&T Stadium.; - Sits on just under 1 acre.
    (806) 200-3205
    Request Owner's contact information
    117 University Ave Lubbock, TX 79415
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    Lubbock, TX 79415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 University Ave Lubbock, TX 79415
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