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    1113 University Ave Lubbock, TX 79401

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    For Sale
    Contact for pricing

    Recently renovated retail space with high visibility near Texas Tech.

    Property size:
    2,500 SF

    Property Features for 1113 University Ave

    General Information

    Size
    2,500 SF

    Source: Shannon Powell Agent Shannon Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Texas Tech

    This retail space is located on University Avenue near the lighted intersection on Broadway, across from the main Texas Tech University entrance. The property features frontage and visibility to the 27,703 vehicles driving down University. It is located across the street from Texas Tech University’s main entrance, which serves over 40,000 students annually. The space was recently renovated and features a large open area, two restrooms, and a second floor. The property is in close proximity to off-campus student housing and apartment developments and is surrounded by local retailers and restaurants, as well as national brands. The property size is 2,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Margo Bitcoin ATM Atm Allsup's Convenience Store Gas Station ALLSUP'S Express Convenience Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8704099
    Latitude
    33.5847836

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    FAQs

    What type of property is this?
    Retail space - Recently renovated retail space with high visibility near Texas Tech.
    Where is this retail space located?
    The property is located at 1113 University Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $25.
    What are key features of this property?
    This property features: - Directly on University Avenue across from Texas Tech University's main entrance.; - High visibility and frontage with 27,703 vehicles driving down University Avenue daily.; - Recently renovated space with a large open area.
    (281) 788-1758
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    Lubbock, TX 79401
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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
    1113 University Ave Lubbock, TX 79401
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