Divisible Retail/Service
For Sale
Contact for pricing
503 N University Ave, Lubbock, TX 79403
2.6 acres of deed-restricted land offered for sale and can be divided for multiple development options.
Property SizeContact for details
Lot Size2.50 Acres
Days on Market583
Property Features for 503 N University Ave
General Information
Standard status
Active
Lot size
2.50 Acres
Property subtype
LAND
Listing Agency:
J Chapman, REALTORS
(806) 789-8257
Listed By:
Jack M. Chapman SIOR CCIM · License #215913
(806) 789-8257
Source:
Moodyscre
Added: Jan 6, 2025
Changed: Aug 8
Last Checked: Aug 12 at 11:57AM
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 J Chapman, REALTORS
Investment Insights
Based on property information with market context.
This 2.6-acre land parcel is for sale and can be divided. The property is deed restricted as to allowable uses, with potential uses cited in the public remarks including an oil change business, a retail center with a liquor store, possible space for a car wash, and storage units.
The site is located at 503 N University Ave in Lubbock, Texas.
Prospective developers should review the deed restrictions for allowable uses and confirm division and site development requirements prior to submitting offers.
The site is located at 503 N University Ave in Lubbock, Texas.
Prospective developers should review the deed restrictions for allowable uses and confirm division and site development requirements prior to submitting offers.
Key Highlights
- 2.6 acres of deed‑restricted land for sale
- Land can be divided for multiple development options
- Allowed uses per deed restrictions include an oil change use and a retail center with a liquor store
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 79403, TX
15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 2.6 acres of deed-restricted land offered for sale and can be divided for multiple development options.
Where is this agricultural land / farmland located?
The property is located at 503 N University Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2.6 acres of deed‑restricted land for sale; Land can be divided for multiple development options; Allowed uses per deed restrictions include an oil change use and a retail center with a liquor store
