3502 N Holly Ave, Lubbock, TX 79403 – Commercial Improved Land

CommercialYear Built 2009Total Assessed Value $88,463,535County Lubbock

Property Details

The Commercial property 3502 N Holly Ave, Lubbock, TX 79403 is located in Lubbock County. The specific property type is Commercial Improved Land. The total assessed value of this property is $88,463,535.

The gross building area is 378,274 square feet and the land area is 2,311,903 square feet for this Commercial Improved Land built in 2009.

Legal description: Lubbock County Ind Park Tr B

$88,463,535

Market Value

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NOI

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Occupancy

Avg Rent

Property Image of 3502 N Holly Ave, Lubbock, TX 79403, Commercial

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area378,274

Land Size2,311,903

Land Value$212,296

Improved Value$88,251,239

Total Assessed Value$88,463,535

Year Built2009

County NameLubbock

Account NumberR308484

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$212,296	$88,251,239	$88,463,535	$88,463,535	Lubbock County	904 Broadway	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2024	$212,296	-	$212,296	$212,296	Lubbock County	904 Broadway	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2023	$212,296	$88,251,239	$88,463,535	$88,463,535	Lubbock County	904 Broadway	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2022	$212,296	$88,251,239	$88,463,535	$88,463,535	Lubbock County	904 Broadway	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2021	$212,296	$88,251,239	$88,463,535	$88,463,535	Lubbock County	904 Broadway	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2020	$212,296	$88,435,839	$88,648,135	$88,648,135	Lubbock County	806 Broadway St	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2019	$212,296	$85,719,456	$85,931,752	$85,931,752	Lubbock County	806 Broadway St	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2018	$106,148	$84,814,091	$84,920,239	$84,920,239	Lubbock County	806 Broadway St	Lubbock County Ind P...	0503	S533770	2,311,903	378,274
2017	$106,148	$80,458,185	$80,564,333	$80,564,333	Lubbock County	806 Broadway St	Lubbock County Ind P...	0503	LUBBOCK COUNTY IND P...	2,311,903	378,274
2016	$106,148	$78,899,868	$79,006,016	$79,006,016	Lubbock County	806 Broadway St	Lubbock County Ind P...	0503	LUBBOCK COUNTY IND P...	2,311,903	-

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
3502 N Holly Ave, Lubbock, TX 79403	R308484	Commercial	Commercial Improved Land	Lubbock County	Lubbock	-	-	-	-	2009	378,274	-
117 W Wall St, Midland, TX 79701	R000035385	Commercial	Commercial Improved Land	Wall Street	Midland	114.9	$ 9,367,514	2024-08-06	$ 47.63	1983	196,678	256
1004 N Big Spring St, Midland, TX 79701	R000017757	Commercial	Commercial Improved Land	Franklin Mountain Permian Vi Lp	Midland	114.2	$ 6,369,329	2025-02-10	$ 50.87	1982	125,210	-
4121 San Antonio St, Odessa, TX 79765	R000218279	Commercial	Commercial Improved Land	Windmill Apts Lft Odessa Llc	Midland	122.4	$ 50,101,100	2024-05-31	$ 126.93	2020	394,720	-
4100 W Illinois Av, Midland, TX 79703	R000035915	Commercial	Commercial Improved Land	Westwood V Llc	Midland	115.9	$ 4,942,280	2024-08-02	$ 16.38	2013	301,655	-
4415 Northcrest Dr, Midland, TX 79707	R000034095	Commercial	Commercial Improved Land	Cf Clusters Llc	Midland	113.5	$ 28,161,420	2023-10-30	$ 106.16	1982	265,265	-
2818 W Loop 00250 N, Midland, TX 79705	R000206937	Commercial	Commercial Improved Land	Rhi 1 Blue Ridge Llc	Midland	112.5	$ 45,734,045	2024-07-19	$ 68.94	2011	663,359	290
6000 Briarwood Av, Midland, TX 79707	R000218748	Commercial	Commercial Improved Land	Crp Scp Briarwood Owner Llp	Midland	114.0	$ 56,179,200	2025-11-07	$ 161.55	2019	347,754	-
3100 Caldera Blvd, Midland, TX 79705	R000011519	Commercial	Commercial Improved Land	Rss Msbam2014 C19tx Mpc, Llc	Midland	112.5	$ 30,000,000	2023-04-04	$ 109.82	1982	273,170	-
10027 Interstate 20 W, Clyde, TX 79510	R000000383	Commercial	Commercial Improved Land	-	Callahan	154.9	$ 2,660,066	2023-11-24	$ 10.54	2011	252,327	-
499 W Sheridan Ave, Oklahoma City, OK 73102	01-001-8176	Commercial	Commercial Improved Land	Sheridan Redevelopers Llc & Attn Property Tax Grou	Oklahoma	275.8	$ 65,000,000	2025-03-17	$ 93.77	2018	693,183	20

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	3502 N Holly Ave, Lubbock, TX 79403	—	-	2,311,903	2009	378,274	$ 88,463,535	$ 212,296	-
Prosperity Bank	1401 W 5th, Plainview, TX 79072	09/17/2025	$ 40,000	10,019	1963	10,506	$ 63,684	$ 25,000	-
Maverick Bank	753 E 27th, Plainview, TX 79072	09/12/2025	$ 2,500,000	435,600	2001	28,320	$ 352,392	$ 15,000	Tbas Partners
First State Bank	402 9th, Abernathy, TX 79311	07/28/2025	$ 870,000	21,000	1950	21,997	$ 626,456	$ 8,400
Centennial Bank	300 306 Broadway, Plainview, TX 79072	06/25/2025	$ 100,000	7,013	1979	5,396	$ 124,847	$ 10,500	Prime Property Group Llc
Prosperity Bank	1401 A W 5th, Plainview, TX 79072	05/29/2025	$ 256,000	5,550	1963	4,800	$ 75,531	$ 13,875	Tela Real Estate Llc
Prosperity Bank	1401 A W 5th, Plainview, TX 79072	05/29/2025	$ 256,000	5,550	1963	4,600	$ 71,585	$ 13,875	Tela Real Estate Llc
Prosperity Bank	201 W 4th, Plainview, TX 79072	05/21/2025	$ 108,000	10,380	1987	10,380	$ 117,238	$ 5,190
First State Bank	915 Ave C, Abernathy, TX 79311	04/14/2025	$ 1,200,000	23,610	1950	6,840	$ 41,309	$ 7,875	Hh Farms Llc
First State Bank	930 Ave C, Abernathy, TX 79311	04/14/2025	$ 1,200,000	23,610	1979	6,588	$ 73,513	$ 7,875	Hh Farms Llc
West Texas National Bank	12701 Indiana Ave, Lubbock, TX 79423	04/04/2025	$ 600,000	65,819	2012	17,420	$ 1,829,506	$ 460,663

Mean$ 983,220

Median$ 277,464.0

Loan Amount Range$ 40,000 - $ 6,500,000

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License Details

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