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Financial
Distress signals
Property profile

12406 Indiana Ave Lubbock, TX 79423

OFF-MARKET
Strip malls
Property ID
US82-5057555
10,890 SF 1.43 ac lot Built 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Plaza 88 is a shopping center located at 12406 Indiana Ave in Lubbock, Texas, built as a retail property with a concrete parking lot. The center is positioned on the south Indiana Ave corridor, in an area undergoing commercial and residential development. The site is configured for direct vehicle access and egress along Indiana Ave, where no medians are planned in front of the property. The available tenants historically included Q'Doba, Moana Nail Salon, and TEGA Kids Gymnastics, and the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$1.75M
Assessed land$435k
Assessed improvement$1.31M
Effective rate2.08%

Value estimate

· Oct 2026
$620k
$558k – $682k
AI approach$570k
Submarket $/SF estimate$668k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLUBBOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.3
Electrical Service10.4
Dental Office10.0

Location

12406 Indiana Ave Lubbock, TX 79423-5788
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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