11206 University Ave Lubbock, TX 79423
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.
-
Bella Villas Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.