2805 University Ave Lubbock, TX 79415
- Commercial real estate
- 0.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2805 University Ave
- Lot size
- 0.42 lot acres
- Property type
- Commercial real estate
Description
This unique property located at 2805 N University in Lubbock, Texas, presents a compelling investment opportunity. Situated on a sizable 0.42-acre lot, this home offers significant potential for various uses. The property is being sold "As-Is," reflecting its need for some renovations and improvements. Buyers should be prepared to undertake necessary repairs and updates to realize the property's full potential. The existing structure possesses considerable character, offering a solid foundation for a renovation project. Given the substantial lot size, this property could be particularly attractive to those seeking a large footprint for commercial development or a significant residential expansion. The asking price of $149,000 represents a rare opportunity to acquire a property of this size and potential at a competitive price point in the Lubbock market. The property's location north of town offers a unique blend of accessibility and tranquility. Offers will be reviewed as they are received. This is an exceptional chance to acquire a property with significant upside potential, ideal for those with a vision for renovation and redevelopment. The "As-Is" condition allows for flexibility in planning and execution of any future improvements. Serious inquiries are encouraged to explore this promising investment opportunity further.
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
- 33.62932
