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Master-Planned Commercial Land
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114th & Alcove, Lubbock, TX 79382

Commercial land within a new mixed-use community serving southwest Lubbock and Wolfforth.

Space SizeContact for details
Days on Market5

Property Features for 114th & Alcove

General Information

Standard status Active
Property subtype Retail, Office, Land

Building Details

Tenancy Multiple

Spaces For Lease

at 114th & Alcove Contact us

Up to 22 AC Available

Type
Land, Office, Retail
Availability
Active
Contact us
Listing Agency: NAI Wheelhouse
Listed By: Shannon Powell · License #767517
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 3:26PM

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 NAI Wheelhouse

Investment Insights

Based on property information with market context.

Commercial land is available for lease within Patterson Place, a new master-planned community in southwest Lubbock. The offering occupies the northeast corner of 114th Street and Alcove Avenue, with commercial development planned alongside residential lots and parks. The site is suited to the development framework identified for retail, restaurant, office, and service uses.

Patterson Place is planned for approximately 676 residential lots, 22 acres of commercial development, and 13 acres of parks and open space. The project is near the future Frenship Middle School and is surrounded by continued growth in southwest Lubbock and Wolfforth. The property provides a commercial land opportunity within a larger mixed-use development setting.

Key Highlights

  • 22 acres planned for commercial development
  • Northeast corner of 114th Street and Alcove Avenue
  • Part of a community planned for approximately 676 residential lots

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 79382, TX

8,449
Population
3,649
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
51.1 sq mi
ZIP Area
165
Density / Sq Mi
$80,625
Median Household Income
$47,419
Median Earnings
$1,349
Median Rent
$245,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land within a new mixed-use community serving southwest Lubbock and Wolfforth.
Where is this commercial land located?
The property is located at 114th & Alcove Lubbock, TX.
What are key features of this property?
This property features: 22 acres planned for commercial development; Northeast corner of 114th Street and Alcove Avenue; Part of a community planned for approximately 676 residential lots
(281) 788-1758 Call to check price and availability
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