503 University AveLubbock, TX 79415

For Sale
Call for price

7.27 Acres, Interstate Highway Commercial Zoning

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 7.27-acre commercial property is situated at the southeast corner of Kent Avenue and University Avenue in Lubbock, Texas, zip code 79415. The land boasts Interstate Highway Commercial zoning, offering unparalleled flexibility for a variety of development opportunities. A comprehensive master plan has already been designed, envisioning a mixed-use development including retail centers, gas station parcels, office warehouse spaces, motel tracts, and garden office buildings. The property's strategic location just north of the soon-to-be-constructed Expo Arena (projected completion within 36 months) presents a significant advantage, capitalizing on the anticipated increased foot traffic and economic activity generated by major events such as rodeos, stock shows, concerts, and other dirt-related sports. While a majority of the surrounding area is residential, the property's zoning allows for diverse development options, including the potential for barndominiums and an RV park, in addition to the warehouse and commercial spaces outlined in the master plan. This prime location and versatile zoning make this a truly unique investment opportunity in a rapidly growing area of Lubbock. The property's coordinates are 33.6048117 latitude and -101.8713095 longitude. This is a rare chance to acquire a large tract of land with significant development potential in a high-demand location.

Highlights

  • 7.27-acre commercial lot at the southeast corner of Kent Ave & University Ave, Lubbock, TX 79415.
  • I-H Commercial zoning allows for diverse development.
  • Master plan includes retail, gas station, office/warehouse, motel, and garden office space.
  • Prime location near the future Expo Arena (completion within 3 years) offers high growth potential.
  • Zoning permits various uses, including barndominiums and an RV park.

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.6048117
Longitude
-101.8713095
503 University Ave, Lubbock, Texas

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503 University Ave
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