1962 Buddy Holly Ave Lubbock, TX 79404-1049
This 3,040-square-foot vacant commercial building, located at 1962 Buddy Holly Avenue in Lubbock, Texas, presents a unique investment opportunity. Priced at $150,000 ($49.34/sq ft), this Class C property offers flexible use potential for various commercial ventures. Situated on Buddy Holly Avenue, it benefits from high visibility and convenient access to significant traffic. The building's shell condition allows for complete customization to suit diverse business needs, from retail and office spaces to storage solutions. Its generous size provides ample room for creative layout and adaptability. The property is ready for immediate occupancy, providing a blank canvas for entrepreneurs and businesses seeking a well-located, adaptable space in a high-traffic area of Lubbock, Texas, within Lubbock County, zip code 79404. This versatile building is ideal for those looking to establish a new venture or expand existing operations. The property is categorized as industrial, mixed-use, and retail, and is classified as a flex/warehouse space. This is a prime opportunity to create a space perfectly tailored to your business vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXLubbock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.