1st Street & Milwaukee Avenue
Price Upon Request
1st Street & Milwaukee Avenue Lubbock, TX 79416
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About this listing
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.
OPTIONS
10 Acres - $2.25 per Sq. Ft.
(Drainage Easement 0.8401 Acres - Net Buildable 9.1599 Acres)
