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Flex Space with Shop
For Lease
$1,025-$1,525/Mo

1604 128th Street, Lubbock, TX 79423

Commercial Lease, Lubbock, TX

Space Size2,400 SF - 3,640 SF
Lot Size1.07 Acres
Days on Market328

Property Features for 1604 128th Street

General Information

Property type Commercial Lease
Property subtype Other
Parking 3
Elementary school district Lubbock-Cooper ISD
Middle school district Lubbock-Cooper ISD
High school district Lubbock-Cooper ISD
Subdivision 6
Standard status Active
APN R166207
Size 2,400 SF
Lot size 1.07 Acres

Taxes and HOA fees

Tax Description Ridgeview Estates L 48
Tax Annual Amount 13493
Legal Description Ridgeview Estates L 48

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Private, Well

Building Details

Year built 2020
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: Legendary Dreams Realty, Inc.
Listed By: Kyle Watts · License #0505515
Added: Nov 13, 2025 Changed: Oct 2 Last Checked: Oct 7 at 5:06PM
MLS# 202563037

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.

This flex-space property includes 2,400-square-foot units with central air and heating, along with a separate 3,640-square-foot shop without air conditioning or heat. The improvements were built in 2020 and feature metal siding, metal roofing, and concrete flooring.

The property is located at 1604 128th Street in Lubbock, Texas, within ZIP code 79423, on 1.07 acres. Water service is provided by a private well, while the site connects to public sewer. The combination of smaller climate-controlled units and a larger unconditioned shop provides multiple commercial configurations within one property.

Key Highlights

  • 2,400‑square‑foot units with central air and heating
  • Separate 3,640‑square‑foot shop without air conditioning or heat
  • 1.07‑acre property at 1604 128th Street in Lubbock

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Furniture & Home Goods Grocery & Convenience Store Restaurant

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

NNN (Triple Net)
Lease Type
$0.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lubbock, TX

$25.44 /SF/Yr
Avg Asking Price
$3.45–$156 /SF/Yr
Price Range
7,267 SF
Avg Space Size

This space is priced 78% below the average of $25.44 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Metal-sided commercial facilities offer concrete floors and a mix of climate-controlled and unconditioned space.
Where is this flex space located?
The property is located at 1604 128th Street Lubbock, TX.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 2,400‑square‑foot units with central air and heating; Separate 3,640‑square‑foot shop without air conditioning or heat; 1.07‑acre property at 1604 128th Street in Lubbock
More about this property
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