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Flex Space Boarding Facility with Warehouse
For Sale
$500,000

16396 Hollyhock N Avenue, Gardendale, TX 79758

COMMERCIAL - Gardendale, TX

Property Size6,160 SF
Lot Size0.60 Acres
Price / SF$81.17
Days on Market12

Property Features for 16396 Hollyhock N Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed-Use
Parking 15
Parking features Garage, Parking Lot
Fencing Fenced
Lot features Cleared, Level
Elementary school Other Elementary
Middle school Other Jr. High
High school Other High School
Elementary school district Other-NonSouthPlains
Middle school district Other-NonSouthPlains
High school district Other-NonSouthPlains
Standard status Active
APN 09180.01000.00000
Size 6,160 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description Eicher Addn Block 1 Lot 1
Tax Annual Amount 5031
Legal Description Eicher Addn Block 1 Lot 1

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public, Well

Building Details

Year built 1964
Floors in Building 1
Flooring type Concrete
Building materials Block, Concrete, Metal Siding, Steel Frame
Roof type Metal
Listing Agency: Keller Williams Realty
Listed By: Jordan Linnenkugel · License #0685556
Added: Jul 24 Changed: Aug 2 Last Checked: Aug 4 at 1:06PM
MLS# 202610721

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Flex space property built in 1964, operated as an animal boarding facility and designed for both kennel operations and expansion. The kennel area includes more than 20 spacious boarding kennels, each with indoor and outdoor access, durable concrete flooring, and easy-to-maintain turf runs. The facility is fenced, with central heating and central air, and includes indoor kennel-related rooms such as a reception lobby, multiple private office spaces, overflow work areas, and a dedicated space well-suited for grooming or other pet services.

Additional space includes over 2,000 square feet of warehouse area. The warehouse features bay doors and a loading dock, along with versatility for complementary commercial uses such as additional boarding capacity, grooming, training, daycare, and retail. Outdoor parking is provided by a large paved parking lot for customers and staff.

The property sits on 0.6 acres and is zoned Mixed-Use. Construction combines steel frame, concrete block, metal siding, and a metal roof. Utilities include water available via well and public sources, with service through a septic tank. It is located in the Gardendale area with convenient access to Midland and Odessa for serving the Permian Basin.

Key Highlights

  • More than 20 boarding kennels with indoor and outdoor access plus concrete flooring and turf runs
  • Over 2,000 SF warehouse with bay doors and a loading dock for flexible commercial uses
  • 0.6‑acre property zoned Mixed‑Use with large paved parking lot

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $49.5k $8.04
− Vacancy −$4.2k −$0.68
EGI $45.3k $7.36
− OpEx −$13.6k −$2.21
NOI $31.7k $5.15
6,160 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$453.2K
$396.5K – $528.7K (±1% cap)
NOI $31,722 @ 7.0% cap · market cap 6.34%
Second Best
Flex RnD
$430.9K
$377.1K – $502.7K (±1% cap)
NOI $30,164 @ 7.0% cap · market cap 6.03%
Theoretical Best
Multifamily LT 5
$69.06M
$60.43M – $80.57M (±1% cap)
NOI $4,834,390 @ 7.0% cap · market cap 966.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Auto Parts Store Big Box & Wholesale Store Garden Center Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79758, TX

2,898
Population
1,011
Households
2.9
Avg Household Size
39
Median Age
15%
College-Educated
89%
High-School Grad
50.6 sq mi
ZIP Area
57
Density / Sq Mi
$120,721
Median Household Income
$81,368
Median Earnings
$1,609
Median Rent
$360,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space offering more than 20 boarding kennels with indoor and outdoor access, plus a warehouse with bay doors and dock.
Where is this flex space located?
The property is located at 16396 Hollyhock N Avenue Gardendale, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: More than 20 boarding kennels with indoor and outdoor access plus concrete flooring and turf runs; Over 2,000 SF warehouse with bay doors and a loading dock for flexible commercial uses; 0.6‑acre property zoned Mixed‑Use with large paved parking lot
More about this property
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