Property summary
This exceptional 1-acre commercial lot, located at 1911 Yuma Ave in Lubbock, Texas, presents a compelling investment opportunity. Zoned C-4, this partially cleared vacant land offers significant potential for development. Situated between West Loop 289 and the planned outer Loop 88, this property benefits from a rapidly growing area. The lot is strategically positioned between existing residential neighborhoods featuring both single-family and multi-family homes, providing a diverse and established surrounding community. City water is conveniently accessible at the northeast corner of Yuma Avenue. This property's value is projected to increase substantially when combined with the adjacent 1.46-acre lot facing 19th Street. The asking price is $85,500, with owner financing available to qualified buyers with a 20% down payment. The land value is estimated at $1.75 to $1.96 per square foot. This location is ideal for a variety of commercial ventures, including small shops or multi-family housing developments, capitalizing on the area's strong residential base and convenient access to major roadways. The property's zip code is 79407, and it's located in Lubbock County.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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