For Sale
$299,250

110 University Ave Lubbock, TX 79415

Prime Lubbock location, vacant auto shop, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Retail property - Prime Lubbock location, vacant auto shop, redevelopment potential.
Where is the retail property located?
The property is located at 110 University Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $299,250.
What are key features of this property?
This property features: $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).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
110 University Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message