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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Warehouses
132 Slaton Rd Lubbock, TX 79404-5202
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0291147
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Total area
17,058 SF
Lot
1.93 ac (84,065 SF)
Zoning code
38
APN
R36319
UPID
US82-0291147
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
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Crossroads Self Storage LLC · 4 yrs held
Crossroads Self Storage LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+145.6%
Retail stores
$1.5M
+102.0%
Auto repair, garage
$1.5M
+101.0%
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 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
Method
Estimation
Statistic approach
$1,750,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,835,000
Change: +146% · Conversion: Difficult
RETAIL STORES
$1,510,000
Change: +102% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,500,000
Change: +101% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,130,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.73M (Apr 4 2022)
Last sale anchor
$1.73M
Apr 4 2022
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
$102 / 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
$4,647
Tax year 2023
Assessed value
$295,000
Assessed 2024
Previous assessed
$295,000
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$16,813
Assessed improvement
$278,187
Land market value
$16,813
Improvement market value
$278,187
Total market value
$295,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
NONE
Total area
17,058 SF
Lot
1.93 ac (84,065 SF)
Zoning code
38
APN
R36319
UPID
US82-0291147
Jurisdiction
LUBBOCK
Zoning & alternative use
38 · Lubbock, TX
Zoning 38 · permitted uses
38 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1973
Heating
NONE
Lot
1.93 ac
Current owner
From public records · entity-resolved
Crossroads Self Storage LLC
Entity
Mailing address
9663 SANTA MONICA BLVD #745, BEVERLY HILLS, CA 90210-4303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
$1,729,000
Crossroads Self Storage LLC
Disruptive Holdings 5 LLC
Venders Lien
$1,729,000 · Five Star Bank
Aug 4, 2020
—
James Bruce Thornton Est Trust
—
Deed
related
$984,891 · Lubbock Nat'l Bk
Sep 3, 2019
—
Hadley Property Holdings LLC
—
Deed
related
$984,891 · Lubbock Nat'l Bk
Dec 4, 2017
—
Disruptive Holdings 5 LLC
—
Deed
related
$204,000 · City Bank
Sep 14, 2016
—
Disruptive Holdings 5 LLC
Fullbaked LLC
Grant Deed
$202,500 · Fullbaked LLC
Jun 19, 2014
—
Fullbaked LLC
Glover Ventures INC
Warranty Deed
$153,000 · Southwest Bank
Mar 2, 2011
—
Glover Ventures INC
Llano Storage Group LLC
Venders Lien
$120,000 · Firstcapital Bank Of Texas NA
Aug 13, 2009
—
Llano Storage Group LLC
Phillips Family Partnership Lllp
Venders Lien
$96,000 · First Texas Bank
Jun 1, 2009
—
Phillips Family Ptshp Lllp
Securcare Properties II LLC
Grant Deed
—
Jan 24, 2008
—
Securcare Properties II LLC
—
Deed Of Trust
related
$50,000,000 · Key Bank NA
Oct 22, 2007
—
Securcare Properties II LLC
Value Storage Ltd
Grant Deed
—
—
—
Hadley Property Holdings LLC
—
Loan Modification
related
$984,891 · Lubbock Nat'l Bk
—
—
James Bruce Thornton Est Trust
—
Loan Modification
related
$984,891 · Lubbock Nat'l 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.
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