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    9809 University Ave Lubbock, TX 79423

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    For Sale
    Contact for pricing

    2.5 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.5-acre land parcel presents a remarkable investment opportunity in Lubbock, Texas. Strategically located at 9809 University Avenue, this property boasts an enviable position adjacent to a Walmart Supercenter, ensuring high visibility and significant foot traffic. The expansive lot size offers considerable potential for a variety of commercial developments, particularly inline retail establishments. Given its prime location and proximity to a major retail anchor, this site is perfectly positioned to capitalize on the thriving commercial activity in the area. The address is 9809 University Avenue, Lubbock, Texas, 79423, within Lubbock County. The property's location offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to acquire a substantial land parcel in a high-demand area with exceptional potential for significant return on investment. The property's size and location make it an ideal candidate for a variety of commercial uses, offering flexibility for developers seeking a prime location for their next project. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a piece of Lubbock's thriving commercial landscape.

    Property Features for 9809 University Ave

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre commercial land parcel in Lubbock, TX.
    • High‑visibility location adjacent to a Walmart Supercenter, ensuring significant foot traffic.
    • Ideal for inline retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Drive Thru ... Medical Laboratory Ria Money Transfer ... Money Transfer Service Walmart Home Theater ... Home Cinema Installation Walmart Bakery Bakery Walmart House Cleaning ... House Cleaning Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.866362
    Latitude
    33.4258874

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    FAQs

    What type of property is this?
    Land - 2.5 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 9809 University Ave Lubbock, TX.
    What are key features of this property?
    This property features: 2.5-acre commercial land parcel in Lubbock, TX.; High-visibility location adjacent to a Walmart Supercenter, ensuring significant foot traffic.; Ideal for inline retail development.
    Request Owner's contact information
    9809 University Ave Lubbock, TX 79423
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    Lubbock, TX 79423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9809 University Ave Lubbock, TX 79423
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