Multifamily Development Opportunity on
For Sale
Contact for pricing
1st & Milwaukee, Lubbock, TX 79416
Expansive tract ideal for multifamily development in growing area.
Property SizeContact for details
Days on Market172
Property Features for 1st & Milwaukee
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Capital Advisors
(806) 793-0888
Listed By:
Beau Tucker
(806) 793-0888
Source:
Cbcworldwide
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 1:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Capital Advisors
Investment Insights
Based on property information with market context.
This expansive tract presents an opportunity for multifamily development in an area experiencing significant population growth. Within a 1-mile radius, the population has increased more than sixfold over the past eight years, while the 3-mile and 5-mile radii have both seen their populations double. The site is situated along Milwaukee Avenue, just north of a United Supermarkets location, and features over 800 feet of frontage. The intersection of 4th & Milwaukee serves as a commercial hub, with establishments such as United Supermarkets, Starbucks, Sherwin Williams, Great Clips, and a newly constructed Toot’n Totum gas station (2024). Water service is available on-site, and sewer connections are located to the south. A portion of the property is situated within a floodplain. The property is located just inside the northwest city at 1st Street & Milwaukee Avenue in Lubbock, TX.
Key Highlights
- High population growth in the immediate (1‑mile) radius, indicating strong demand for housing.
- Prime location on Milwaukee Avenue with over 800 feet of frontage.
- Proximity to a major commercial hub at 4th & Milwaukee, featuring established businesses like United Supermarkets and Starbucks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Expansive tract ideal for multifamily development in growing area.
Where is this residential land & home lot located?
The property is located at 1st & Milwaukee Lubbock, TX.
What are key features of this property?
This property features: High population growth in the immediate (1‑mile) radius, indicating strong demand for housing.; Prime location on Milwaukee Avenue with over 800 feet of frontage.; Proximity to a major commercial hub at 4th & Milwaukee, featuring established businesses like United Supermarkets and Starbucks.
