

5009 University Ave
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
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