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Downtown Parking Lot Opportunity

1409 Texas Ave, Lubbock, TX 79401

For Sale
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Surface parking lot in downtown Lubbock, suitable for added parking or potential future development.

Property Size9,750 SF
Price / SF$18.46
Days on Market657

Property Features for 1409 Texas Ave

General Information

Standard status Active
Size 9,750 SF
Property subtype LAND
Listing Agency: Williams & Company Real Estate, LLC
Listed By: Cameron Seale · License #0688378
Source: Moodyscre
Added: Jan 22, 2025 Changed: Nov 6 Last Checked: Nov 8 at 7:42AM

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 Williams & Company Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

This surface parking lot offers a practical, downtown-oriented site for businesses needing additional parking, or for a potential development opportunity. The property is presented as a central location within downtown Lubbock with easy access and high visibility to surrounding commercial activity.

Situated at 1413 Texas Ave, it is described as being near restaurants, shops, and office spaces, making it a convenient option for meeting parking demand in the immediate area. The offering is positioned as flexible for both short-term parking needs and longer-term planning.

If you’re looking for an actively usable parking asset in a dense commercial area, or for a site that could support future redevelopment, this property is being marketed for those purposes.

Key Highlights

  • Surface parking lot located in downtown Lubbock
  • Suitable for adding parking for an existing business
  • Potential site for future development

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Store Cosmetic Store Fish Market

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

Location Intelligence

Trade Area within ½ mile

1,882
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79401, TX

8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Similar Off Market Nearby

  • Enterprise Rent-A-Car — 1902 Buddy Holly Ave, Lubbock, TX 79404
  • White Knights Limousine & Express Van Rental — 1413 Texas Ave, Lubbock, TX 79401

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Surface parking lot in downtown Lubbock, suitable for added parking or potential future development.
Where is this parking lot & garage located?
The property is located at 1409 Texas Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Surface parking lot located in downtown Lubbock; Suitable for adding parking for an existing business; Potential site for future development
(806) 773-0821 · Office Call to check price and availability
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