2420 3Rd StLubbock, TX 79415

Property Details for 2420 3Rd St

Year built

1950

Lot size

0.30 AC

Property size (Sq ft)

5,818 SF

Zone code

9938

Property type

Commercial real estate

APN

R105064

APU

R105064

Description

This exceptional 19,482 square foot commercial land lease in Lubbock, Texas, presents a unique investment opportunity. Located at 2420 3rd St, 79415, this single-tenant property boasts a highly desirable location directly off University Avenue, providing convenient access to Texas Tech University and the Marsha Sharp Freeway. The property is zoned for commercial use within Lubbock County and offers significant potential for various commercial ventures. Its strategic location within a vibrant area characterized by student housing, new hotels, restaurants, and established residential neighborhoods makes it an attractive prospect for developers and investors seeking high visibility and strong tenant demand. The lot size is substantial, offering ample space for development. This prime location in a rapidly growing area of Lubbock ensures strong potential for return on investment. The property's proximity to Texas Tech University and major transportation arteries makes it an ideal site for businesses catering to students, faculty, and the broader community. Detailed information regarding zoning regulations and lease terms are available upon request. This is a rare opportunity to acquire a well-situated commercial land lease in a thriving Texas market.

• Alternative Use

  Use

  Valuation

  Residential

  $987,977

  Hospitality

  $904,982

  Educational

  $752,934

  Medical

  $778,829

  Retail

  $1,171,231

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5945

Longitude

-101.87

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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