New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,390,000
Warehouses
13209 Frankford Ave, Lubbock, TX 79424-6671
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9526161
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Total area
212,065 SF
Lot
14.07 ac (612,715 SF)
APN
R317109
UPID
US82-9526161
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
-
Lifeline Automotive Auto Repair Shop
-
Artistry Custom Homes LLC. Construction Company General Contractor
-
Discount Storage: Shop Rentals Warehouse & Storage
-
Clovers Automotive and Tire Repair Service Auto Repair Shop
-
Kettle Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.39M
Owner & transaction history
Huffines Business Park LLC · 15 yrs held
Huffines Business Park LLC
since 2011
7 recorded transactions
Zoning & alternative use
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
$21 / 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
$99,973
Tax year 2023
Assessed value
$6,905,000
Assessed 2024
Previous assessed
$6,905,000
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$612,715
Assessed improvement
$6,292,285
Land market value
$612,715
Improvement market value
$6,292,285
Total market value
$6,905,000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Heating
NONE
Total area
212,065 SF
Lot
14.07 ac (612,715 SF)
APN
R317109
UPID
US82-9526161
Jurisdiction
LUBBOCK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Lot
14.07 ac
Current owner
From public records · entity-resolved
Huffines Business Park LLC
Entity
Free & Clear · 15 yrs held
Mailing address
5625 COUNTY RD 7410, LUBBOCK, TX 79424-8438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
May 11, 2012
—
104th & Frankford Of Affordable S
—
Trustees Deed
related
$160,000 · Southwest Bank
Jun 14, 2011
—
Huffines Business Park LLC
Huff 80 Ltd
Quit Claim Deed
related
—
—
—
Slide & 1585 LLC
—
Deed Of Trust
related
$3,334,388 · First Bk
—
—
104th & Frankford Of Affordable S
—
Deed Of Trust
related
$399,929 · Southwest Bank
—
—
104th & Frankford Of Affordable
—
Deed Of Trust
related
$587,528 · Southwest Bank
—
—
104th & Frankford Of Affordable
—
Deed Of Trust
related
$1,850,000 · Southwest Bank
—
—
104th & Frankford Of Affodable St
—
Deed Of Trust
related
$750,000 · City Bk
—
—
104th & Frankford Of Affordable
—
Deed Of Trust
related
$851,700 · Southwest Bank
—
—
104th & Frankford Of Affordable S
—
Deed Of Trust
related
$631,567 · Southwest Bank
—
—
104th & Frankford Of Affordable S
—
Deed Of Trust
related
$369,494 · Southwest Bank
—
—
104th & Frankford Of Affordable S
—
Deed Of Trust
related
$1,596,307 · Southwest Bank
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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