Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11401 University Ave Lubbock, TX 79423

    For Sale
    Contact for pricing

    Prime Lubbock location, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Lubbock, Texas. Situated at 11401 University Ave, this property boasts a highly desirable location, directly across from a future Circle K gas station and a newly constructed Tractor Supply store – both recently rezoned for Heavy Commercial use. The lot features approximately one acre of hard corner frontage, complemented by an additional nine acres (660' x 660') offering ample space for various development scenarios. This could include multiple pad sites or a cohesive commercial layout, catering to a wide range of business needs. Currently zoned SF-2 (Low Density Single Family), rezoning is anticipated, unlocking even greater potential. The property's proximity to the city limits further enhances its appeal. Detailed concept ideas and a site plan illustrating a potential heavy commercial metal building development are available upon request. This is an exceptional opportunity to capitalize on the growth and development occurring in this dynamic area of Lubbock. The property is located in Lubbock County, Texas, with a zip code of 79423.

    Property Features for 11401 University Ave

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Lubbock, TX.
    • Located at 11401 University Ave, Lubbock, TX 79423.
    • Currently zoned SF‑2 (Low Density Single Family), with rezoning anticipated.
    • Features a 1‑acre hard corner and 9 acres of adjacent land.
    • Excellent development opportunity near a future Circle K and new Tractor Supply (both recently rezoned Heavy Commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -101.8707978
    Latitude
    33.4903382

    Nearby Similar for Sale

    • $650,000

      Multifamily Investment Near Texas Tech

      Four properties near Texas Tech, offering diverse rental opportunities.
      Package Property, Lubbock, TX 79411
      View Details
    • $700,000
      7,768 SF

      Multifamily Property Near Texas Tech

      Multifamily property near Texas Tech, suitable for students and short-term rentals.
      2123 15Th St, Lubbock, TX 79401
      View Details
    • $333,000
      2,832 SF

      Historic Multifamily Property Near Texas Tech

      Six-bedroom property near Texas Tech, featuring unique historic details.
      2323 20Th St, Lubbock, TX 79411
      View Details
    • $415,000

      Lubbock Income-Generating Package Property

      Fully leased properties with strong rental history in desirable Lubbock locations.
      Package Property, Lubbock, TX 79410
      View Details
    • New
      $35,000
      Pending

      Lubbock Duplex Near Texas Tech

      Duplex in Lubbock near Texas Tech, great rental opportunity.
      1512 18Th St, Lubbock, TX 79401
      View Details
    • $385,000
      4,868 SF

      Spacious Duplex with Atriums

      Two units, each with private atrium and two-car garage.
      3313 74Th St, Lubbock, TX 79423
      View Details

    FAQs

    What type of property is this?
    Land - Prime Lubbock location, high development potential.
    Where is this land located?
    The property is located at 11401 University Ave Lubbock, TX.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Lubbock, TX.; Located at 11401 University Ave, Lubbock, TX 79423.; Currently zoned SF-2 (Low Density Single Family), with rezoning anticipated.
    Request Owner's contact information
    11401 University Ave Lubbock, TX 79423
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11401 University Ave
    Lubbock, TX 79423
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    11401 University Ave Lubbock, TX 79423
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.