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20249746
20249747

5009 University Ave, Lubbock, TX 79413

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty
$499,000
627 days on market
Updated 46 days ago

5009 University Ave

Details
Property Type Land, Office (+1)
Sub Type Executive Office, Medical Office (+1)
Square Footage 11,668
Price per SqFt $43
Year Built 1959
Buildings 1
Stories 1
Lot Size (SqFt) 37,407
Zoning Neighborhood Commercial
Investment Type Redevelopment

Prime University Avenue Redevelopment Opportunity

Marketing description

Located along University Avenue near 50th Street, 5009 University Avenue presents a rare opportunity to acquire a high-visibility commercial site in the heart of Central Lubbock. The property benefits from strong daily traffic counts, established surrounding retail, proximity to Texas Tech University, and convenient access to Loop 289 and major streets. The site includes approximately 37,407 SF of land and an existing 11,668 SF structure currently suited for redevelopment, adaptive reuse, or future repositioning. With land value support exceeding the current asking price, the property offers a compelling opportunity for investors seeking an urban infill redevelopment play, owner-users planning a long-term repositioning strategy, or developers targeting retail, office, medical, educational, or service-oriented uses.

Investment highlights

  • High Visibility
  • High Traffic Count

Listing Contacts

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty

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Zoning

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AC CommercialSpecial CommercialAuto Urban Commercial
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Last updated Apr 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
David Powell
License
TX 257988
Brokerage
Keller Williams Realty-Lubbock
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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