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Lubbock Pad Site Opportunity
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4th & Milwaukee Avenue, Lubbock, TX 79416

Prime 1.63-acre pad site in a high-traffic retail corridor.

Property Size71,020 SF
Lot Size1.63 Acres
Price / SF$19.50
Days on Market2644

Property Features for 4th & Milwaukee Avenue

General Information

Standard status Active
Size 71,020 SF
Class A
Lot size 1.63 Acres
Property subtype Land, Retail
Investment Type Redevelopment
Listing Agency: GRACO Real Estate Development
Listed By: Casey Adams · License #TX
Source: Crexi
Added: Jun 14, 2019 Changed: Sep 2 Last Checked: Sep 7 at 8:45AM

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 approximately 71,020 square foot (approximately 1.63-acre) pad site is situated at the signalized intersection of 4th Street and Milwaukee Avenue in Lubbock, Texas, within one of west Lubbock's established retail areas. The site benefits from its location in a high-performing neighborhood retail environment anchored by United Supermarkets, with Sherwin-Williams and a Starbucks outparcel nearby. Milwaukee Avenue serves as a primary retail corridor, connecting residential neighborhoods with commercial destinations. The site offers visibility, traffic exposure, and access to Loop 289 and other roadways. The surrounding area features household incomes, residential growth, and consumer demand. The pad site has a flat, usable configuration suitable for commercial uses, including retail, restaurant, medical, financial, and service-oriented development. The site's size allows for building layouts and parking configurations, making it attractive for single-tenant and multi-tenant concepts, subject to zoning and approvals. As part of a grocery-anchored center, the site benefits from traffic and cross-shopping synergy. The presence of retail and national brand users enhances the location and supports tenant demand. The property represents an opportunity to acquire a pad site in a submarket with limited comparable pad availability. West Lubbock demonstrates retail fundamentals, and Milwaukee Avenue is a corridor for commercial development. Sale pricing reflects the location, surrounding tenancy, and growth fundamentals.

Key Highlights

  • Prime location at the signalized intersection of 4th Street and Milwaukee Avenue.
  • Anchored by United Supermarkets with proven co‑tenancy, including Sherwin‑Williams and Starbucks.
  • Excellent visibility and convenient access to Loop 289 and major roadways.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 79416, TX

36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime 1.63-acre pad site in a high-traffic retail corridor.
Where is this commercial land located?
The property is located at 4th & Milwaukee Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $1,384,890.
What are key features of this property?
This property features: Prime location at the signalized intersection of 4th Street and Milwaukee Avenue.; Anchored by United Supermarkets with proven co‑tenancy, including Sherwin‑Williams and Starbucks.; Excellent visibility and convenient access to Loop 289 and major roadways.
(806) 745-9718 Call to check price and availability
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