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1511 Avenue O, Lubbock, TX 79401

Downtown Lubbock mixed-use zoned lots suited for a range of urban development concepts and adaptive reuse projects.

Property Size32,500 SF
Lot Size0.67 Acres
Price / SF$2.92
Days on Market62

Property Features for 1511 Avenue O

General Information

Standard status Active
Size 32,500 SF
Lot size 0.67 Acres
Property subtype LAND
Zoning MU-3
Listing Agency: Williams & Company Real Estate, LLC
Listed By: Dan Williams · License #TX-550528
Source: Moodyscre
Added: Jun 23 Changed: Aug 14 Last Checked: Aug 14 at 7:08AM

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

Investment Insights

Based on property information with market context.

This offering consists of multiple development lots positioned in the heart of downtown Lubbock, totaling approximately 32,500 square feet. The site is zoned MU-3 (Mixed-Use General), providing flexibility for a variety of residential, commercial, industrial, and civic uses, with allowances intended to support redevelopment while maintaining the character of surrounding neighborhoods through building placement and setback flexibility.

The property is located at 1511 Avenue O. The provided materials highlight ongoing public and private investment in the central business district, including projects such as the Downtown Park, improvements along the Broadway corridor, adaptive reuse efforts, and housing developments.

With its central placement between Texas Tech University and the Texas Tech University Health Sciences Center, along with proximity to University Medical Center and Covenant Health systems, the site is positioned to serve a dense education, healthcare, and employment draw. Prospective buyers can evaluate the MU-3 zoning and lot configuration for mixed-use, multifamily, office, retail, hospitality, or live-work concepts based on their specific program and development plan.

Key Highlights

  • Multiple development lots at 1511 Avenue O in Downtown Lubbock, offering approximately 32,500 sq ft for new or adaptive reuse projects
  • MU‑3 (Mixed‑Use General) zoning supports a range of uses including residential, commercial, industrial, and civic
  • Downtown Lubbock redevelopment‑focused district allowing flexibility in building placement and setbacks

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Cosmetic Store Nail Salon Gym & Fitness Center

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

1,961
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Downtown Lubbock mixed-use zoned lots suited for a range of urban development concepts and adaptive reuse projects.
Where is this commercial land located?
The property is located at 1511 Avenue O Lubbock, TX.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Multiple development lots at 1511 Avenue O in Downtown Lubbock, offering approximately 32,500 sq ft for new or adaptive reuse projects; MU‑3 (Mixed‑Use General) zoning supports a range of uses including residential, commercial, industrial, and civic; Downtown Lubbock redevelopment‑focused district allowing flexibility in building placement and setbacks
(806) 777-1310 Call to check price and availability
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