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Prime Development Site on 82nd
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7638 82nd St, Lubbock, TX 79424

0.94-acre development site in a rapidly growing commercial corridor.

Property SizeContact for details
Lot Size0.94 Acres
Days on Market2185

Property Features for 7638 82nd St

General Information

Standard status Active
Lot size 0.94 Acres
Property subtype Land
Zoning C-3
Listing Agency: GRACO Real Estate Development
Listed By: Gary Andrews · License #563891
Source: Crexi
Added: Sep 1, 2020 Changed: Aug 23 Last Checked: Aug 24 at 4:27AM

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 GRACO Real Estate Development

Investment Insights

Based on property information with market context.

This 0.94-acre development site is located on 82nd Street in a fast-growing commercial area of Lubbock. The parcel features frontage, visibility, and access within a residential and retail trade area. It is situated directly across from Covenant Park, a 72-acre mixed-use district anchored by Covenant Health’s Grace Surgical Hospital and entertainment venues. The property is positioned in a rapidly expanding growth zone. The location benefits from a regional draw due to Covenant Park’s hospital campus and medical employment base and is adjacent to the upcoming Schulman’s Movie Bowl Grille, an 80,000-square-foot entertainment, restaurant, and brewery concept. The site is located on a high-traffic east-west commuter artery with sustained demand for quick-service restaurants, retail, and service tenants. The surrounding area includes new residential developments, lifestyle amenities, and active commercial development. The site is suitable for retail, medical office, quick-service restaurants with drive-thru, or a multi-tenant strip center. Utilities are nearby, and the site is flat with development geometry.

Key Highlights

  • Prime 0.94± acre development site in a rapidly growing commercial corridor.
  • Located directly across from Covenant Park, a 72‑acre mixed‑use district anchored by Covenant Health’s Grace Surgical Hospital.
  • Adjacent to upcoming Schulman’s Movie Bowl Grille (80,000 SF entertainment/restaurant/brewery concept).

Property Analytics

Current Use

Buffalo Wild Wings Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Hair Salon Furniture & Home Goods Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.94-acre development site in a rapidly growing commercial corridor.
Where is this commercial land located?
The property is located at 7638 82nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $982,714.
What are key features of this property?
This property features: Prime 0.94± acre development site in a rapidly growing commercial corridor.; Located directly across from Covenant Park, a 72‑acre mixed‑use district anchored by Covenant Health’s Grace Surgical Hospital.; Adjacent to upcoming Schulman’s Movie Bowl Grille (80,000 SF entertainment/restaurant/brewery concept).
(806) 745-9718 Call to check price and availability
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