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11703 Indiana Ave Lubbock, TX 79423

Sponsored
For Sale
$3,375,000

19,000 SF Retail Building, Lubbock, TX

Property size:
19,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 19,000-square-foot retail building sits on a 2.27-acre corner lot in Lubbock, Texas, boasting high daily traffic counts and premier frontage. Located less than a mile from the new Loop 88, this property offers incredible upside potential. Currently vacant, the building features 12 offices, 5 large rooms, and 6 restrooms, with multiple entrances on both the east and west sides. Built in 2002 and renovated in 2022, it includes 95 parking spaces. The Auto-Urban Commercial zoning allows for diverse uses, from retail and auto sales to medical, educational, and entertainment ventures. The property is comprised of two contiguous tracts, totaling 2.27 acres. The asking price is $3,375,000, with a land value of $15 per square foot. This presents a unique opportunity for a single owner-user or a multi-tenant operation. The building's current configuration and zoning flexibility make it suitable for a wide range of businesses. The high-traffic location and ample parking make this a highly desirable investment. The property is ready for immediate occupancy, with an occupancy date of November 1, 2024.

Property Features for 11703 Indiana Ave

General Information

Property type
Individual retail properties
Square Feet
19,000 SF
Class
B
Lot Size
98,881 SF

Building Details

Year Built/Renovated
2002/2022
Buildings
1
Stories
1
Units
1

HighLights

  • 19,000 SF retail building on a 2.27‑acre corner lot in Lubbock, TX.
  • High daily traffic counts and premier frontage, less than a mile from Loop 88.
  • Currently vacant, features 12 offices, 5 large rooms, 6 restrooms, and multiple entrances.
  • 95 parking spaces, built in 2002, renovated in 2022.
  • Auto‑Urban Commercial zoning allows diverse uses, including retail, auto sales, medical, educational, and entertainment.
  • $3,375,000 asking price, land value of $15/SF.
Property Profile Location Intelligence

Current Use by Public Records

Allen Financial Agency ... Consultant Xpedition Headquarters Camping Store Antiqueology Antique Store

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.8870883
Latitude
33.4882401

FAQs

What type of property is this?
Individual retail property - 19,000 SF Retail Building, Lubbock, TX
Where is this individual retail property located?
The property is located at 11703 Indiana Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $3,375,000.
What are key features of this property?
This property features: 19,000 SF retail building on a 2.27-acre corner lot in Lubbock, TX.; High daily traffic counts and premier frontage, less than a mile from Loop 88.; Currently vacant, features 12 offices, 5 large rooms, 6 restrooms, and multiple entrances.
More about this property
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