8902 University Ave Lubbock, TX 79423
- Commercial real estate
- 36,890 SF
- 0.85 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8902 University Ave
- Lot size
- 0.85 lot acres
- Property size
- 36,890 SF
- Property type
- Commercial real estate
Description
This exceptional 0.85-acre retail property in Lubbock, Texas, presents a remarkable investment opportunity. Boasting 36,890 square feet, this strategically located parcel sits on South University, surrounded by a thriving commercial hub. The property benefits from high traffic counts generated by nearby Quick-Service Restaurants (QSRs) including Chick-fil-A, Whataburger, Buffalo Wild Wings, Braum's, and Dutch Bros Coffee, as well as a Tinseltown Movie Theater and flourishing residential developments. A new credit union is under construction across the street, further enhancing the area's appeal and foot traffic. The property's AC (Auto Urban Commercial) zoning allows for a wide range of commercial uses. The site offers excellent visibility and accessibility, ensuring your business will benefit from significant exposure to potential customers. To further enhance its appeal, the front of the lot is already paved and fenced on both the north and south sides, reducing initial development costs. The current owners are open to build-to-suit options, providing flexibility and customization to meet specific business needs. This is an unparalleled chance to establish a thriving business in a high-demand location. The asking price is $516,460.
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
- 33.5137
