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503 University Ave Lubbock, TX 79415

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7.27 Acres, Interstate Highway Commercial Zoning

Property Features for 503 University Ave

General Information

Property type
Multifamily properties

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Listing Contact
Jack Chapman Sior Ccim
Jack Chapman Sior Ccim

Listing Agency: J Chapman Realtors Listing Agent: Jack Chapman Sior Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 7.27-acre commercial property is situated at the southeast corner of Kent Avenue and University Avenue in Lubbock, Texas, zip code 79415. The land boasts Interstate Highway Commercial zoning, offering unparalleled flexibility for a variety of development opportunities. A comprehensive master plan has already been designed, envisioning a mixed-use development including retail centers, gas station parcels, office warehouse spaces, motel tracts, and garden office buildings. The property's strategic location just north of the soon-to-be-constructed Expo Arena (projected completion within 36 months) presents a significant advantage, capitalizing on the anticipated increased foot traffic and economic activity generated by major events such as rodeos, stock shows, concerts, and other dirt-related sports. While a majority of the surrounding area is residential, the property's zoning allows for diverse development options, including the potential for barndominiums and an RV park, in addition to the warehouse and commercial spaces outlined in the master plan. This prime location and versatile zoning make this a truly unique investment opportunity in a rapidly growing area of Lubbock. The property's coordinates are 33.6048117 latitude and -101.8713095 longitude. This is a rare chance to acquire a large tract of land with significant development potential in a high-demand location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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City
Lubbock
County
Lubbock
State
Texas
Longitude
-101.8713095
Latitude
33.6048117

FAQs

What type of property is this?
Multifamily property - 7.27 Acres, Interstate Highway Commercial Zoning
Where is this multifamily property located?
The property is located at 503 University Ave Lubbock, TX.
What are key features of this property?
This property features: 7.27-acre commercial lot at the southeast corner of Kent Ave & University Ave, Lubbock, TX 79415.; I-H Commercial zoning allows for diverse development.; Master plan includes retail, gas station, office/warehouse, motel, and garden office space.
(806) 789-8257 Call to check price and availability
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