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1511 Avenue O
Lubbock, TX 79401
Downtown Lubbock Development Lots · Land For Sale
·
0.67 AC
Investment Highlights
- Located in Downtown Lubbock near Broadway corridor, offering strong visibility and connectivity in a growing urban district.
- Approximately 32,500 square feet across multiple lots, enabling scalable development for diverse uses.
- Zoned MU-2 for mixed-use flexibility, allowing residential, retail, hospitality, and innovative live-work concepts.
- Surrounded by major employers, Texas Tech University, and medical institutions, creating a strong foundation for sustained demand.
Executive Summary
Downtown Lubbock continues to experience significant momentum fueled by public and private investment, including the new Downtown Park, Broadway corridor improvements, adaptive reuse projects, housing developments, and continued revitalization throughout the central business district. The property is strategically located between Texas Tech University, with more than 42,000 students, and the Texas Tech University Health Sciences Center, University Medical Center, and Covenant Health systems, providing access to one of the region's largest concentrations of education, healthcare, and employment. Serving a regional trade area of nearly 650,000 residents, Lubbock's continued growth and revitalization make 1511 Avenue O an exceptional opportunity to participate in the future of the city's urban core.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.67 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MU-2 | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.67 AC |
| Opportunity Zone |
Yes |
| Zoning | MU-2 |
1 Lot Available
Lot
| Price | $133,806 CAD | Lot Size | 0.67 AC |
| Price Per AC | $199,267.31 CAD |
| Price | $133,806 CAD |
| Price Per AC | $199,267.31 CAD |
| Lot Size | 0.67 AC |
Description
Located in the core of Downtown Lubbock, these multiple development lots on Avenue O provide a rare opportunity to invest in one of the city’s fastest-growing districts. Zoned MU-2 (Mixed-Use General), the property allows for exceptional flexibility, accommodating a wide range of uses including residential, retail, hospitality, live-work concepts, commercial, industrial, and civic developments. The district encourages redevelopment and innovative projects with flexible building placement and setbacks. Encompassing approximately 32,500 square feet, the combined site is well-positioned amid significant momentum from both public and private investment. Nearby improvements such as Downtown Park, Broadway corridor upgrades, adaptive reuse projects, and expanded housing options are driving growth across the neighborhood. The property is strategically situated near Texas Tech University (42,000+ students), Texas Tech Health Sciences Center, University Medical Center, and Covenant Health System, fostering access to educational and healthcare hubs. Serving a regional trade area of over 650,000 residents, this offering provides unmatched opportunity to capitalize on Lubbock’s continued urban revitalization and dynamic development environment.
