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Property profile & analytics
FOR SALE
Office buildings
10210 Frankford Ave, Lubbock, TX 79424
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0211210
For Sale
1 / 70
$1,250,000
10210 Frankford Ave, Lubbock, TX 79424
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Total area
3,974 SF
Lot
0.42 ac (18,208 SF)
APN
R329451
UPID
US83-0211210
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Flatland Realty Real Estate Agency
-
Fed Retirement Edu Consultant
-
Hub City Rentals Property Management Company
-
Cortnee Smith, REALTOR - Expand Realty Group Real Estate Agency
-
PROP Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edge Concepts LLC · 5 yrs held
Edge Concepts LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lubbock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lubbock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,384
Tax year 2023
Assessed value
$760,000
Assessed 2024
Previous assessed
$683,571
+11.2% YoY
Effective rate
1.89%
On assessed value
Assessed land
$127,337
Assessed improvement
$632,663
Land market value
$127,337
Improvement market value
$632,663
Total market value
$760,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2017
Heating
NONE
Total area
3,974 SF
Lot
0.42 ac (18,208 SF)
APN
R329451
UPID
US83-0211210
Jurisdiction
LUBBOCK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
Edge Concepts LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6407 COUNTY RD 1440, LUBBOCK, TX 79407-1107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Edge Concepts LLC
Swlld LLC
Warranty Deed
related
—
Dec 18, 2020
—
Edge Concepts LLC
Swlld LLC
Warranty Deed
related
—
Dec 17, 2020
—
Edge Concepts LLC
Dwtp LLC
Warranty Deed
related
—
Dec 3, 2020
$65,000
Edge Concepts LLC
Magnolia Estates Dev LLC
Warranty Deed
—
Oct 14, 2020
$65,000
Edge Concepts LLC
Magnolia Ests Dev LLC
Warranty Deed
—
Oct 10, 2018
—
Stag Asset Holdings LLC
—
Trustees Deed
related
$200,000 · Dcfuller LLC
May 3, 2018
—
Stag Asset Holdings LLC
8706 Valencia Property LLC
Warranty Deed
related
$1,388,097 · Wellington St Bk
Mar 19, 2018
—
Stag Asset Holdings LLC
—
Deed
related
$512,000 · Wellington St Bk
Nov 20, 2017
—
Stag Asset Holdings LLC
Edge Concepts LLC
Grant Deed
related
$687,500 · Wellington St Bk
—
—
Stag Asset Holdings LLC
—
Loan Modification
related
$512,000 · Wellington St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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