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Property profile & analytics
OFF-MARKET
Turn key restaurants
1250 9th St, Slaton, TX 79364-5316
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3994121
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Total area
1,980 SF
Lot
0.22 ac (9,750 SF)
Zoning code
26
APN
R47721
UPID
US83-3994121
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
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
Cindy Jeanette Tapia · 5 yrs held
Cindy Jeanette Tapia
since 2021
4 recorded transactions
Zoning & alternative use
26 · Slaton, 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 Slaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Slaton 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
$1,260
Tax year 2023
Assessed value
$64,481
Assessed 2024
Previous assessed
$54,955
+17.3% YoY
Effective rate
1.95%
On assessed value
Assessed land
$2,925
Assessed improvement
$61,556
Land market value
$2,925
Improvement market value
$61,556
Total market value
$64,481
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1925
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,980 SF
Lot
0.22 ac (9,750 SF)
Zoning code
26
APN
R47721
UPID
US83-3994121
Jurisdiction
LUBBOCK
Zoning & alternative use
26 · Slaton, TX
Zoning 26 · permitted uses
26 · Slaton, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Slaton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
CENTRAL
Cooling
Yes
Lot
0.22 ac
Current owner
From public records · entity-resolved
Cindy Jeanette Tapia
Individual
Free & Clear · 5 yrs held
Mailing address
308 AVE G G, ABERNATHY, TX 79311-4052
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Panacea Lending LLC
—
Deed
related
—
Jan 21, 2021
—
Cindy Jeanette Tapia
Paul Andrews
Warranty Deed
—
Dec 13, 2016
—
Paul Andrews
Worley,mary A
Warranty Deed
related
—
Nov 9, 2010
—
Mary A Worley
Firouzbakht,mehrdad
Warranty Deed
related
$40,000 · William A & Thomas R Knott
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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