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Flex Space with Event Layout
For Lease
$120,000

224 Buddy Holly Avenue, Lubbock, TX 79401

Commercial Lease, Lubbock, TX

Space Size20,000 SF
Lot Size2.04 Acres
Days on Market213

Property Features for 224 Buddy Holly Avenue

General Information

Property type Commercial Lease
Property subtype Other
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 1
Standard status Active
APN R79203
Size 20,000 SF
Lot size 2.04 Acres

Taxes and HOA fees

Tax Description Sanders Liff L A Less E52.25' In Row & Acuff Hts Blk 3 L 8
Tax Annual Amount 15342
Legal Description Sanders Liff L A Less E52.25' In Row & Acuff Hts Blk 3 L 8

Building Details

Year built 1975
Listing Agency: Woodcrest Enterprises, Inc.
Listed By: Evan Botsford · License #0603854
Added: Feb 16 Changed: Sep 7 Last Checked: Sep 17 at 1:06PM
MLS# 202602423

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.

Located at 224 Buddy Holly Avenue, this 20,000-square-foot flex space offers a broad interior footprint supported by private offices, conference rooms, and expansive open areas. A partially constructed commercial kitchen area includes service windows, adding a food-service component to the existing configuration.

The property occupies 2.04 acres and was built in 1975. Its layout supports a range of operational concepts identified for the space, including assembly, event or banquet functions, storage and showroom use, institutional or nonprofit activities, creative work environments, and hybrid food service. The property is also within an opportunity zone in Lubbock, Texas.

Key Highlights

  • 20,000 square feet of commercial space
  • 2.04‑acre property at 224 Buddy Holly Avenue
  • Wide‑open interior areas with private offices and conference rooms

Property Analytics

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Open Analytics

Current Use

Sue's Closet Clothing Store The Difference Maker's Fellowship Church ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Home Appliance Store Grocery & Convenience Store Florist

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

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79401, TX

8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lubbock, TX

$26.18 /SF/Yr
Avg Asking Price
$5.03–$156 /SF/Yr
Price Range
7,290 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial suite with open areas, private offices, meeting rooms, and a partially built kitchen zone.
Where is this flex space located?
The property is located at 224 Buddy Holly Avenue Lubbock, TX.
What is the lease rate?
The lease rate is $120,000.
What are key features of this property?
This property features: 20,000 square feet of commercial space; 2.04‑acre property at 224 Buddy Holly Avenue; Wide‑open interior areas with private offices and conference rooms
More about this property
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