5801 Avenue Q Lubbock, TX 79412
- Land
- 2.78 lot acres
Current Use by Public Records
- Land
Property Details for 5801 Avenue Q
- Lot size
- 2.78 lot acres
- Property type
- Land
Description
Exceptional investment opportunity awaits with this 2.78-acre commercial land parcel located at 5801 Avenue Q in Lubbock, Texas, zip code 79412. This property is zoned HC and offers convenient access to I-27 and South Loop 289, providing excellent visibility and connectivity. Its strategic location near Avenue Q South Drive (Slaton Highway) places it in close proximity to five hotels and two sports parks/stadiums, creating a high-traffic area with significant potential for various commercial developments. The land is priced at $199,000, with a land value of $1.64 per square foot. Owner financing is available with a 25% down payment and a 7% interest rate, making this an attractive option for investors seeking a lucrative venture in a thriving Texas market. The possibilities are numerous, from retail spaces and office complexes to mixed-use developments, catering to the dynamic commercial landscape of Lubbock. This property presents a unique chance to establish a successful business in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.848
- Latitude
- 33.5406
