For Sale
$299,250

110 University AveLubbock, TX 79415

Prime Lubbock location, vacant auto shop, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This 1,248 square foot vacant auto shop, located at 110 University Ave in Lubbock, Texas, presents a compelling redevelopment opportunity. Situated on a 0.36-acre lot (with a land value of $19 per square foot), the property is zoned Heavy Commercial (HC), offering considerable flexibility for future uses. The existing building, constructed in 1960, provides a solid foundation for renovation or demolition. The asking price is $299,250, translating to $239.78 per square foot. The property's address is 110 University Ave, Lubbock, TX 79415, and its APN is R86599, R78622. Given its location and zoning, this property is ideal for a variety of automotive-related businesses or other retail and industrial ventures. The vacant status allows for immediate occupancy and customization to suit a new owner's specific needs. This is a rare chance to acquire a well-situated property in a thriving Texas market with significant upside potential for redevelopment. The property's size and zoning provide ample room for expansion or the construction of a new building entirely. This presents a unique opportunity for investors seeking a high-return project in a desirable location.

Highlights

  • $299,250 asking price for a vacant, 1,248 SF auto shop.
  • Located at 110 University Ave, Lubbock, TX 79415.
  • 0.36-acre lot zoned Heavy Commercial (HC).
  • $239.78 price per square foot; $19 per square foot land value.
  • 1960 construction; single building.

Property Details for 110 University Ave

Property type
Retail properties, Auto shops
Square Feet
1,248 SF
Year Built
1960
Buildings
1
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5971445
Longitude
-101.8707624
110 University Ave, Lubbock, Texas

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110 University Ave
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