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311 & 313 Avenue U 0.32 Acres of Commercial Land Offered at $275,000 in Lubbock, TX 79415
Investment Highlights
- Walking distance to Texas Tech Campus
- Immediate access to Marsha Sharp Freeway (US-62)
Executive Summary
Property Facts
| Price | $275,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.32 AC |
| Property Type | Land | ||
| Zoning | HDR - High Density Residential | ||
| Price | $275,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.32 AC |
| Zoning | HDR - High Density Residential |
1 Lot Available
Lot
| Price | $275,000 | Lot Size | 0.32 AC |
| Price Per AC | $859,375.00 |
| Price | $275,000 |
| Price Per AC | $859,375.00 |
| Lot Size | 0.32 AC |
Two adjacent parcels totaling ~0.317 acres near Texas Tech. Zoned HDR for higher-density residential use. Ideal for duplex, triplex, or small multifamily development with strong rental demand and quick access to Marsha Sharp Fwy.
Description
The Powell Group is pleased to present 311-313 Avenue U, a great opportunity to acquire two adjacent parcels in Lubbock, Texas. Zoned HDR (subject for zone change to commercial), this property offers significant potential for multi-family development or other high-density residential projects. Strategically located just off the Marsha Sharp Freeway, the property provides excellent connectivity to University Avenue and is in walking distance to Texas Tech University. This prime location offers easy access to major transportation routes, vibrant commercial districts, and the bustling Texas Tech campus, making it ideal for commercial and residential development aimed at students, faculty, or urban professionals. Don’t miss this opportunity to capitalize on a growing market near one of Lubbock’s most dynamic areas. For additional information, contact The Powell Group today.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,964 | Total Assessment | $2,964 |
Property Taxes
Presented by
311 & 313 Avenue U
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