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1615 45th St - 1615 45th & 1616 46th St. 0.78 Acres of Commercial Land Offered at $400,000 in Lubbock, TX 79412
Investment Highlights
- Redevelopment opportunity near established commercial corridors.
- Existing improvements may support renovation or adaptive reuse.
- Direct access to Avenue Q and surrounding business districts.
- Located within an established area of commercial activity.
Executive Summary
Located at 1615 45th Street and 1616 46th Street, this redevelopment opportunity offers investors and developers the ability to reposition or redevelop a strategically located site near established commercial activity. The property encompasses approximately 0.784 acres and includes an existing 14,570-square-foot improvement, providing flexibility for adaptive reuse, renovation, or future redevelopment plans.
The site benefits from access to Avenue Q, one of Lubbock's primary commercial corridors, supporting convenient connectivity to surrounding retail, service, and business destinations. Its location near established commercial hubs enhances visibility and accessibility for a variety of potential future uses. The property's configuration and existing improvements create opportunities for owner-users, investors, or developers seeking to capitalize on continued activity within the surrounding trade area.
With both land value and redevelopment potential, the property presents multiple paths for value creation. Whether utilized as a renovation project, repositioned for a new commercial concept, or redeveloped to meet evolving market demand, the site offers flexibility in a corridor characterized by established commercial uses and ongoing economic activity.
The site benefits from access to Avenue Q, one of Lubbock's primary commercial corridors, supporting convenient connectivity to surrounding retail, service, and business destinations. Its location near established commercial hubs enhances visibility and accessibility for a variety of potential future uses. The property's configuration and existing improvements create opportunities for owner-users, investors, or developers seeking to capitalize on continued activity within the surrounding trade area.
With both land value and redevelopment potential, the property presents multiple paths for value creation. Whether utilized as a renovation project, repositioned for a new commercial concept, or redeveloped to meet evolving market demand, the site offers flexibility in a corridor characterized by established commercial uses and ongoing economic activity.
Property Facts
| Price | $400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.78 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.78 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $400,000 | Lot Size | 0.78 AC |
| Price Per AC | $510,070.06 |
| Price | $400,000 |
| Price Per AC | $510,070.06 |
| Lot Size | 0.78 AC |
Avenue Q Access Two lots for sale
Description
Land for sale. Currently has storage units that could be remodeled.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
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Contact the Sale Advisor
1615 45th St - 1615 45th & 1616 46th St.