2318 University Ave Lubbock, TX 79415
- Commercial real estate
- 12.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2318 University Ave
- Lot size
- 12.40 lot acres
- Property type
- Commercial real estate
- APN
- R159870 & R66323
Description
This exceptional 12.4-acre commercial land parcel presents a prime development opportunity in Lubbock, Texas. Strategically located at the intersection of North University Avenue and Loop 289, this property boasts prominent frontage and dual access points, ensuring maximum visibility and accessibility for any development. The site is zoned Heavy Commercial (HC), with 2.8 acres already platted and ready for immediate construction. Essential utilities, including water, sewer, and electricity, are readily available. Its advantageous location near the proposed Lubbock Expo Center and Texas Tech University offers significant potential for various developments, including hospitality, retail, or mixed-use projects. The proximity to the university provides access to a large student population and consistent foot traffic, while the nearby Lubbock Airport enhances convenience for businesses catering to both local and traveling clientele. The property's APN is R159870 & R66323. This is an unparalleled investment opportunity in a rapidly growing area of Lubbock, ideal for investors seeking a versatile and well-positioned property. The asking price is $2,200,000. The address is 2318 N University Ave, Lubbock, TX 79415.
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
- -101.868745
- Latitude
- 33.622457
