Mixed-Use Development Land
For Sale
$95,000
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
Price / SF$2.92
Days on Market102
Property Features for 1511 Avenue O
General Information
Standard status
Active
Size
32,500 SF
Property subtype
VacantLand
Zoning
MU-3
Listing Agency:
WILLIAMS & CO Real Estate
Listed By:
Dan Williams · License #0550528
(806) 777-1310
Source:
Commercialcafe
Added: Jun 28
Changed: Sep 25
Last Checked: Oct 7 at 9:13AM
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 & CO Real Estate
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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
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
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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
