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Property profile & analytics
OFF-MARKET
Warehouses
11609 County Rd 2300 Lubbock, TX 79423-6672
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2106108
Property summary
AI-generated overview
This exceptional 1,500 square foot warehouse/office space, located at 11609 County Rd 2300, Lubbock, TX 79423, is available for lease. Built in 2020, this single-tenant property sits on approximately one acre of land and offers a versatile layout suitable for a variety of retail or office uses. The space is ideal for businesses seeking a functional and conveniently located warehouse with office capabilities. The property features one overhead door, providing easy access for loading and unloading. Its prime location just west of Interstate 27 ensures excellent accessibility and visibility for your business. The monthly lease rate is $1,200. This is a fantastic opportunity to secure a well-maintained, modern warehouse space in a thriving Lubbock location. The property is zoned for retail use and offers a single-tenant occupancy. Don't miss out on this chance to establish your business in a strategic and convenient location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Total area
9,400 SF
Lot
1.2 ac (52,272 SF)
Zoning code
19
APN
R65552
UPID
US82-2106108
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
-
Prosperity Business & Tax Services Tax Preparation
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
Ramon H Para · 6 yrs held
Ramon H Para
since 2019
2 recorded transactions
Zoning & alternative use
19 · Lubbock, TX
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
$7,258
Tax year 2023
Assessed value
$634,971
Assessed 2024
Previous assessed
$634,971
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$110,544
Assessed improvement
$524,427
Land market value
$110,544
Improvement market value
$524,427
Total market value
$634,971
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Heating
NONE
Total area
9,400 SF
Lot
1.2 ac (52,272 SF)
Zoning code
19
APN
R65552
UPID
US82-2106108
Jurisdiction
LUBBOCK
Zoning & alternative use
19 · Lubbock, TX
Zoning 19 · permitted uses
19 · Lubbock, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lubbock. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Ramon H Para
Individual
Mailing address
5747 150TH ST, LUBBOCK, TX 79424-6537
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2019
—
Ramon H Para
Ramon H Parra
Intrafamily Transfer
related
$270,984 · Lone Star State Bank Of West Texas
—
—
Rex D Winter
—
Deed Of Trust
related
$25,000 · Aimbank
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.
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