Listed by Coldwell Banker Commercial Capital Advisors
$999,000
82nd Street Mixed-Use Land
Details
Property Type Land
Sub Type Commercial, Other
Acreage 3.820
Land | 3.82 acres
Marketing description
Lubbock, the place of residence to just under 320,000 residents, is the friendly hometown of Texas Tech University. By enrollment, Texas Tech is the seventh-largest university in Texas and the largest institution of higher education in the western two-thirds of the state, with 40,944 students enrolled.
The Hub City is known for its iconic musicians, world-renown artists, state-of-the-art theaters, award-winning wineries and breweries and a diverse selection of cuisine. The Lubbock area grows 90 percent of all Texas wine grapes and nearly half of the nation’s cotton.
This is a vibrant city full of arts and culture. The city has a variety of museums focusing on agriculture, heritage, history and aviation. Lubbock also holds the title as the city with the most live music venues per capita in the Lone Star State.
Known for its roots in agriculture, education and healthcare, Lubbock has the reputation of being a hub for fast-growing industries. Lubbock sees more than six million travelers annually. Conference attendees and athletes visit for meetings and tournaments, while the city also sees leisure travelers and business travelers. With the city’s constant residential and commercial growth, the opportunities for expansion are endless. Lubbock is a wonderful place for businesses real estate to thrive.
The 3.82 acres of development land at 82nd & Avenue U is perfectly positioned for apartments, townhouses, or mixed-use developments. At only $6 psf, this property is primed for development.
The Property is less than 0.5 Miles to a major retail corridor including shopping and restaurant amenities such as Chic-Fil-A, Whataburger, Chicken Express, Raising Cane’s, Tropical Smoothie Cafe, Tinseltown Movie theater, Braums, Game Stop, Marble Slab, Shipley’s Donuts, Buffalo Wild Wings, Popeyes, Subway, O’Reilly Auto Parts, United Supermarket, Bahama Bucks, and many more!
Give Chase Tucker a call if you have any questions or would like to present an offer!
Investment highlights
- Great Location
- Perfect for apartments, townhouses, or mixed-use developments
- Proximity to local amenities
- Proximity to I27
Listing Contacts
Listed by Coldwell Banker Commercial Capital Advisors
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