15102 University Ave Lubbock, TX 79423
- Land
- 8.00 lot acres
Current Use by Public Records
- Land
Property Details for 15102 University Ave
- Lot size
- 8.00 lot acres
- Property type
- Land
Description
This exceptional 8-acre commercial land parcel in Lubbock, Texas, offers a prime development opportunity. Situated on University Avenue at the entrance to The Reserve at Dunn Mill, this property is zoned Transitional and presents itself as two four-acre tracts, easily subdivided into one-acre lots. Each acre is priced at $6.50 per square foot. The site boasts convenient utility access, although septic systems will be required for any development. This location benefits from its placement within the highly sought-after Lubbock Cooper Independent School District (LCISD), which is slated to open its sixth elementary school in 2028, just east of University Avenue. The surrounding area is experiencing rapid growth, with established residential communities like Allen Farms, Bell Farms, Timber Ridge, Cooper Ranch, Indiana South, Kelsey Park, and Viridian nearby. This strategic location and the potential for retail, office, or commercial development make this an exceptional investment opportunity in a thriving South Lubbock market. The property's address is 15102 University Ave, Lubbock, TX 79423, and is located in Lubbock County. The asking price for the entire 8-acre parcel is $1,742,400.
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
- -101.871
- Latitude
- 33.4569
