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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Warehouses
11513 Hwy 62 Wolfforth, TX 79382-5120
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-7173173
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
33,808 SF
Lot
8.48 ac (369,389 SF)
Zoning code
16
APN
R45582
UPID
US82-7173173
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
-
J Ferg Pros Plumbing Plumbing Service General Contractor
-
J Ferg Commercial Construction Company General Contractor
-
J Ferg Pros Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Lake Alan Henry Real Estate Agency
-
J Ferg Solar Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Sontro Investments INC · 5 yrs held
Sontro Investments INC
since 2021
7 recorded transactions
Zoning & alternative use
16 · Wolfforth, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+27.0%
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 Wolfforth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wolfforth 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,790,000
Current use
RETAIL STORES
$2,275,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
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
$38,350
Tax year 2023
Assessed value
$2,855,497
Assessed 2024
Previous assessed
$2,855,497
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$184,695
Assessed improvement
$2,670,802
Land market value
$184,695
Improvement market value
$2,670,802
Total market value
$2,855,497
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
NONE
Total area
33,808 SF
Lot
8.48 ac (369,389 SF)
Zoning code
16
APN
R45582
UPID
US82-7173173
Jurisdiction
LUBBOCK
Zoning & alternative use
16 · Wolfforth, TX
Zoning 16 · permitted uses
16 · Wolfforth, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wolfforth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Lot
8.48 ac
Current owner
From public records · entity-resolved
Sontro Investments INC
Entity
Mailing address
11513 PO BOX 65333, LUBBOCK, TX 79464-5333
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
—
Sontro Investments INC
Betenbough Homes LLC
Venders Lien
$116,800 · Commercial State Bank (andrews Tx)
Nov 30, 2020
—
Homes By Jferg INC
—
Deed
related
$44,250 · American Momentum Bk
Jun 1, 2018
—
Ferguson Real Estate LLC
—
Deed
related
$179,000 · Capital Certified Dev Corp
Mar 27, 2018
—
Ferguson Real Estate LLC
—
Trustees Deed
related
$1,150,000 · First Bk/lincoln
Jun 26, 2015
—
Tuscany Business Park LLC
Ferguson Real Estate LLC
Warranty Deed
related
—
Feb 17, 2015
—
Ferguson Real Estate LLC
—
Trustees Deed
related
$1,826,032 · First Bk
Jun 7, 2013
—
Ferguson Real Estate LLC
Jagjags Lc
Warranty Deed
$138,750 · First Bank & Trust
Nov 18, 2005
—
Jagjags Lc
Snowden,gerald K
Warranty Deed
related
—
—
—
Ferguson Real Estate LLC
—
Deed Of Trust
related
$179,000 · Capital Certified Dev Corp
—
—
Capital Certified Dev Corp
—
Deed Of Trust
related
$1,150 · First Bk
—
—
Homes By Jferg INC
—
Loan Modification
related
$44,250 · American Momentum 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
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