102 Milwaukee Avenue | Lubbock, TX 79416
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102 Milwaukee Avenue
Lubbock, TX 79416
Northwest Lubbock Multifamily Land · Land For Sale · 10.00 AC
Executive Summary
LOCATION
Located just inside the northwest city at 1st Street & Milwaukee Avenue in Lubbock, TX.
DESCRIPTION
Discover an outstanding opportunity for multifamily development in an area where the population has seen remarkable growth in recent years. Specifically, within a 1-mile radius, the population has increased by more than sixfold over the past eight years, while the 3-mile and 5-mile radii have both seen their populations double. This expansive tract is perfectly situated along Milwaukee Avenue, just north of a bustling United Supermarkets. Boasting over 800 feet of frontage, the site offers great potential. The nearby intersection of 4th & Milwaukee serves as a vibrant commercial hub, with great establishments such as United Supermarkets, Starbucks, Sherwin Williams, Great Clips, and a newly constructed Toot’n Totum gas station (2024). Water service is available on-site, and sewer connections are conveniently located just to the south, simplifying the development process. This tract is ideally suited for multifamily development and is currently available for sale. It’s worth noting that a portion of the property is situated within a floodplain.
Located just inside the northwest city at 1st Street & Milwaukee Avenue in Lubbock, TX.
DESCRIPTION
Discover an outstanding opportunity for multifamily development in an area where the population has seen remarkable growth in recent years. Specifically, within a 1-mile radius, the population has increased by more than sixfold over the past eight years, while the 3-mile and 5-mile radii have both seen their populations double. This expansive tract is perfectly situated along Milwaukee Avenue, just north of a bustling United Supermarkets. Boasting over 800 feet of frontage, the site offers great potential. The nearby intersection of 4th & Milwaukee serves as a vibrant commercial hub, with great establishments such as United Supermarkets, Starbucks, Sherwin Williams, Great Clips, and a newly constructed Toot’n Totum gas station (2024). Water service is available on-site, and sewer connections are conveniently located just to the south, simplifying the development process. This tract is ideally suited for multifamily development and is currently available for sale. It’s worth noting that a portion of the property is situated within a floodplain.
PROPERTY FACTS
Sale Type | Investment or Owner User | Property Subtype | Commercial |
No. Lots | 1 | Proposed Use | Commercial |
Property Type | Land | Total Lot Size | 10.00 AC |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 10.00 AC |
1 Lot Available
Lot
Price | $1,393,830 CAD | Lot Size | 10.00 AC |
Price Per AC | $139,383 CAD |
Price | $1,393,830 CAD |
Price Per AC | $139,383 CAD |
Lot Size | 10.00 AC |
PROPERTY TAXES
Parcel Number | R160111 | Improvements Assessment | $0 CAD |
Land Assessment | $154,870 CAD | Total Assessment | $154,870 CAD |
PROPERTY TAXES
Parcel Number
R160111
Land Assessment
$154,870 CAD
Improvements Assessment
$0 CAD
Total Assessment
$154,870 CAD
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