$323,031
500 N University Ave, Lubbock, TX, 79415
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Exceptional commercial-industrial property in an ideal location of Lubbock! Boasting over 12,000 sqft of cinder block construction, this space is designed for durability and functionality, making it perfect for various industrial needs. Property is priced accordingly for the improvements needed to make this a great asset. Key Features: 14' Ground Level Overhead Doors: Easy access from University Ave for loading and unloading operations with spacious access points Expansive Land Area: Nearly 5 acres of fenced land provide ample space for outdoor storage, parking, or future expansion projects Strategic Location: Benefit from the property's strategic location with swift and easy access to both Loop 289 and I-27, ensuring seamless transportation and logistics for your business Multi-Tenant Potential: Property presents an excellent opportunity for multi-tenant occupancy, allowing you to maximize your investment Zoned for Success: The property is zoned for heavy commercial
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lubbock
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