Office Space
5009 University Ave Lubbock, TX 79412
Details & Description
Price: $389,000
    Property DetailsPrice$389,000Building Size11,668 SFProperty TypeOfficeTotal Lot Size37,407 SFYear Built1959DescriptionHigh traffic central Lubbock office/retail building for sale. Some of the offices have been remodeled. This property is a diamond in the rough with income potential for an investor or affordable property for an owner/occupant. The property offers modest income from one tenant.Highlights BRING ALL OFFERS Ready for a New Owner
    Listing Agents
    Alison Blalock

    O: 806-776-2821
    ablalock@westmarkcommercial.com
    Karen Higgins

    O: 806-776-2833
    khiggins@westmarkcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5009 University Ave

    Lubbock, TX 79412

    Listing ID: 161823
    • 5009 University Ave Lubbock, TX 79412 | for Sale | Photo 1
    • 5009 University Ave Lubbock, TX 79412 | for Sale | Photo 2
    5009 University Ave | for Sale | Thumbnail 1
    5009 University Ave | for Sale | Thumbnail 2
    Building Size: 11,668 SF
    Lot Size: 0.859 AC
    Land Size: 37,407 SF
    Building $/SF: $33.34
    Land $/SF: $10.40
    Price
    $389,000
    Description
    Property Details
    Price
    $389,000



    Building Size
    11,668 SF



    Property Type
    Office



    Total Lot Size
    37,407 SF



    Year Built
    1959



    Description

    High traffic central Lubbock office/retail building for sale. Some of the offices have been remodeled. This property is a diamond in the rough with income potential for an investor or affordable property for an owner/occupant. The property offers modest income from one tenant.



    Highlights

    BRING ALL OFFERS
    Ready for a New Owner
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lubbock History of Office Space for Sale

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    Lubbock Area Market Trends

    Listing Demographics for 5009 University Ave Lubbock, TX 79412

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,087109,672202,214
    Population Median Age363435
    Population by Age0-9 Yrs1846 (12%)13163 (12%)25232 (12%)
    10-19 Yrs2398 (15%)19237 (17%)31344 (15%)
    20-29 Yrs3094 (20%)26019 (23%)46290 (22%)
    30-39 Yrs1927 (12%)13287 (12%)25051 (12%)
    40-49 Yrs1151 (7%)9957 (9%)18952 (9%)
    50-59 Yrs1695 (11%)10646 (9%)20654 (10%)
    60-69 Yrs1432 (9%)8714 (7%)17395 (8%)
    70+ Yrs1543 (10%)8648 (7%)17296 (8%)
    Median HH Income$43,983$45,199$46,502
    Total Household Income< 24K1613 (28%)11046 (27%)20851 (27%)
    25-49K1554 (27%)11033 (27%)20490 (26%)
    50-74K1144 (20%)7201 (18%)13393 (17%)
    75-99K528 (9%)4306 (10%)8511 (11%)
    100-199K637 (11%)5037 (12%)10941 (14%)
    200K+88 (1%)1001 (2%)2912 (3%)
    Highest Education LevelNo Diploma18011018317021
    Diploma or GED27281567129681
    Some College21001424028213
    Assoc. Degree43234466913
    Bachelors Degree12231010920811
    Higher Degree516598513176
    Total Housing Units6,39144,88186,380
    --Owner-Occupied2,88119,71438,236
    --Renter-Occupied2,68219,91038,861
    Owner-Occupied Values< 100K1451806813633
    100-199K1290906616031
    200-299K8216334788
    300-399K355151910
    400-499K0211846
    500K+222201029
    Total Working Age Population11,66588,117161,486
    In Work Force7,41455,565104,538
    Not In Work Force4,25132,55256,948
    Workforce Employed7,11053,04099,940
    Workforce Unemployed3042,4994,494
    Civlian Workforce7,41455,538104,434
    Military Workforce027104
    Total Households5,56339,62477,098
    Family Households3,35923,21845,331
    Non-Family Households2,20416,40631,767
    Married Couple2,22814,85029,979
    Other Family1,1318,36815,352
    Married w/Child9296,10811,748
    Single Male w/Child1451,4022,176
    Single Female w/Child3002,8066,059

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Lubbock County242,628+15278,831+14317,210+16367,552

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5009 University Ave in Lubbock?
    The asking price for 5009 University Ave is $389,000
    What is the building size of this Office property in Lubbock, TX?
    The size of the building/unit at 5009 University Ave in Lubbock is 11,668 square feet
    How much land does the Lubbock, TX property at 5009 University Ave include?
    5009 University Ave in Lubbock includes 0.859 acres of land
    What is the population within 1 mile of 5009 University Ave in Lubbock?
    The population within 1 mile of 5009 University Ave Lubbock, TX 79412 is 15,087 people.
    Who do I contact for questions about 5009 University Ave?
    You should contact the listing agent, Alison Blalock, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    3411 University Avenue, Lubbock, TX CALL 2413 -
    57th St, Lubbock, TX $300,000 6912 -
    5605 Avenue Q, Lubbock, TX CALL 3324 -
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    3513 50th St, Lubbock, TX $425,000 7134 0.31
    3101 34th St, Lubbock, TX $650,000 7888 0.88

    Closest Commercial Airports

    Airport Distance (mi)
    Lubbock Preston Smith International Airport (LBB) 8
    Rick Husband Amarillo International Airport (AMA) 116
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 196