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Property profile & analytics
OFF-MARKET
Commercial real estate

11206 University Ave Lubbock, TX 79423

Property ID
US82-9498811
Property summary
AI-generated overview

This exceptional 44,417 square foot commercial lot is situated at the hard corner of 114th Street and University Avenue in Lubbock, Texas, zip code 79423. Located in Lubbock County, this C1 zoned property boasts unparalleled visibility and accessibility due to its high-traffic intersection location. The approximately one-acre lot is ideally suited for a variety of commercial developments, including retail, office, or mixed-use projects. Its ready-to-build status presents a rare opportunity in a rapidly developing area of Lubbock. The property benefits from excellent exposure to significant vehicular traffic and is strategically positioned near existing businesses and residential communities, ensuring a strong foundation for future success. This prime location is just one light north of Loop 88/FM 1585, further enhancing its accessibility and desirability. The asking price for this exceptional opportunity is $666,255. Don't miss this chance to secure a premier commercial location in a thriving market.

Property profile
Verified
Property type Commercial real estate
UPID US82-9498811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bella Villas Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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