Loop 88 and University Ave ave - Loop 88 and University Ave 9.97 Acres of Commercial Land Offered at $4,395,000 in Lubbock, TX 79423

This ±9.97-acre tract offers a prime development opportunity at the northwest corner of Loop 88 and University Avenue, one of Lubbock’s most dynamic growth corridors. Positioned just 1.5 miles from Interstate 27, the site provides exceptional visibility and access, making it well-suited for a variety of commercial uses including retail, office, or mixed-use development. The property benefits from its location at the first major intersection west of I-27 on Loop 88, ensuring strong traffic exposure and connectivity to key regional routes.
Engineering and dirt work have been completed to modify the flood zone away from all frontage, enhancing development readiness. The tract is currently outside Lubbock city limits and not zoned, but it can be annexed into the city, offering flexibility for future planning. Utilities are available to support development, and the site’s proximity to major educational and medical institutions—including Texas Tech University and Covenant and UMC medical campuses—further strengthens its appeal for commercial investment.
With Loop 88’s ongoing expansion driving significant growth in the area, this property represents a strategic opportunity for investors and developers seeking to establish a presence in a rapidly evolving market.