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    309 N University Ave Lubbock, TX 79415

    For Lease
    $8 SF/Yr ($2,839 /Mo)

    Prime commercial space near Texas Tech University with modern interior.

    Property size:
    4,009 SF
    Lot size:
    0.32 Acres

    Property Features for 309 N University Ave

    General Information

    Size
    4,009 SF
    Lot size
    0.32 Acres

    Source: WestMark Commercial | TCN Worldwide Agent David Haymes, CCIM

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

    Overview

    Remodeled Retail/Office Space Near TTU

    Located at 309 N University Ave in Lubbock, TX, this commercial space offers a versatile layout suitable for various businesses. The property benefits from its proximity to Texas Tech University and enjoys high visibility, presenting an attractive storefront for maximum exposure. The recently remodeled interior features spacious, open areas with ample natural light, making it suitable for either office or retail use. The property contains 4009 square feet and is located near many national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RNR Tire Express ... Tire Shop Metro by T-Mobile Cell Phone Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.8707045
    Latitude
    33.6018854

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    FAQs

    What type of property is this?
    Retail space - Prime commercial space near Texas Tech University with modern interior.
    Where is this retail space located?
    The property is located at 309 N University Ave Lubbock, TX.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near Texas Tech University; - High visibility on University Ave.; - Modern interior with ample natural light
    (806) 789-7653
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    309 N University Ave 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
    309 N University Ave Lubbock, TX 79415
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