Urban Development site - 19th 1808 19th St 909 SF 100% Leased Office Building Lubbock, TX 79401 $558,367 CAD ($614.26 CAD/SF) 6.75% Cap Rate

Welcome to a compelling mixed-use commercial and land investment opportunity in the heart of Lubbock’s Overton / South 19th Street corridor. This offering combines adjoining commercial parcels along 19th Street with a contiguous infill lot on Avenue R — creating flexibility, scale, and development potential in an increasingly active urban node.
Property Overview
Address(s): 1808-1812 19th Street, Lubbock, TX & 1814 Avenue R, Lubbock, TX
The structure on 19th Street sits on a compact commercial lot; the Avenue R parcel is deeper and offers expansion or buffer opportunity.
Situated in Lubbock’s urban core, the site benefits from street frontage, vehicular visibility, and connectivity to nearby commercial corridors and residential density.
Key Features & Strengths
Built-in Presence + Land Scalability: The existing structure on 19th Street can generate immediate occupancy or lease income, while the blank land parcel offers room for development. Seller has existing plans for Multifamily project.
Because the parcels straddle 19th Street and Avenue R, they provide frontage, ingress/egress flexibility, and multiple access possibilities.
19th Street is an established traffic artery; any retail or service business would enjoy exposure to both vehicular and pedestrian flow.
Infill lots are scarce in the area; this offering allows for densification, vertical development, or mixed-use assemblage.
The commercial building and lot can support integrated or complementary operations—retail + office, creative space + parking, or phased rollout.
Potential Uses:
Multifamily, Boutique retail, café, or quick-service food & beverage,
Mixed-use conversion (retail frontage + offices / apartments behind)
Small-scale redevelopment or densification
Owner-user scenario combining business and land control
Investment Considerations
Opportunity to capture upside from land value appreciation
Ability to reposition or repurpose based on market demand
Modular development possibilities (build on Avenue R lot first, expand into 19th Street parcel later)
Leverage existing structure during permitting / redevelopment phases