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Property profile & analytics
OFF-MARKET
Specialty properties
1901 Broadway Lubbock, TX 79401-3017
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2348314
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1965
Total area
13,869 SF
Lot
0.96 ac (42,000 SF)
Zoning code
38
APN
R28344
UPID
US82-2348314
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
-
BIG TOP TRADING POST Building Supply Hardware & Home Improvement
-
Big Top Home & Office Repair Hardware & Home Improvement General Contractor
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
Lubbock Open Door · 3 yrs held
Lubbock Open Door
since 2023
7 recorded transactions
Zoning & alternative use
38 · 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
$12,246
Tax year 2023
Assessed value
$687,184
Assessed 2024
Previous assessed
$658,777
+4.3% YoY
Effective rate
1.78%
On assessed value
Assessed land
$165,015
Assessed improvement
$522,169
Land market value
$165,015
Improvement market value
$522,169
Total market value
$687,184
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1965
Heating
NONE
Total area
13,869 SF
Lot
0.96 ac (42,000 SF)
Zoning code
38
APN
R28344
UPID
US82-2348314
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.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
0.96 ac
Current owner
From public records · entity-resolved
Lubbock Open Door
Individual
Mailing address
206 E 19TH ST, LUBBOCK, TX 79403-4918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2023
—
Lubbock Open Door
Richard Calvillo
Venders Lien
$100,000 · First Bank & Trust
Aug 22, 2022
—
Big Bird Enterprises LLC
Saul Villareal
Warranty Deed
—
May 3, 2022
—
Richard Calvillo
—
Deed
related
$249,000 · Plainscapital Bank
Apr 29, 2022
—
Richard Calvillo
—
Deed
related
$249,000 · Plainscapital Bank
Dec 7, 2018
—
Richard Calvillo
—
Deed
related
$700,000 · Plainscapital Bk
Dec 8, 2017
—
Saul Villareal
Texas District Agency LLC
Warranty Deed
—
May 30, 2013
—
Richard Calvillo
Plamscapital Bank
Venders Lien
$650,000 · Firstcapital Bank Of Texas NA
Apr 3, 2013
$440,301
Plainscapital Bk
Voss,dax D
Trustees Deed
related
—
—
—
Richard Calvillo
—
Deed Of Trust
related
$700,000 · Plains Capital Bank
—
—
Richard Calvillo
—
Loan Modification
related
$700,000 · Plainscapital 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.
Try Rey
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