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4307 16th St - Quaker Land 1.3 Acres of Commercial Land in Lubbock, TX 79416
Investment Highlights
- 1.3-Acre Infill Multifamily Site Assembled by a Long-Term Owner
- Located between Texas Tech University and affluent Rush neighborhood ($219K median income per Nextdoor)
- One Mile from University Medical Center, Covenant Hospital, and Texas Tech Law School
- Fully Entitled; Preliminary Plans Support ~63 Units Plus Leasing Office
- Walkable Location Serving Young Professionals, Medical Staff, and Graduate Students
Executive Summary
The Multifamily Group is pleased to present 1.3-acres of prime, developable land in the rapidly growing city of Lubbock, Texas. Comprising five contiguous parcels in a 360’ x 157.5’ rectangular layout, the site is already zoned for residential or multifamily use. Located in a highly desirable area of Lubbock with limited new construction, this property offers a compelling investment opportunity.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.30 AC |
| Property Type | Land | ||
| Zoning | Medium Density Resid. - Medium Density Residential https://ecode360.com/45659861#45659862 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.30 AC |
| Zoning | Medium Density Resid. - Medium Density Residential https://ecode360.com/45659861#45659862 |
1 Lot Available
Lot
| Lot Size | 1.30 AC |
| Lot Size | 1.30 AC |
1 1
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4307 16th St - Quaker Land
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