Financial
Distress signals
Property profile

201 Loop 289 NE Lubbock, TX 79403

FOR SALE
Other warehouses
Property ID
US82-3701863
4,400 SF 0.52 ac lot Built 1983
Last sale May 2015
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex facility that combines office, warehouse, and stack-yard components within a fenced and gated, secured site. The office portion includes six individual rooms, a breakroom, three restrooms, and an entry lobby that can be used for showroom or customer seating. The warehouse component has four bays with large overhead doors fitted with automatic openers. The site provides six covered parking spaces and additional open parking on a fully concrete surface. It includes…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$140k
Assessed land$11k
Assessed improvement$129k
Effective rate1.70%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$6k
Operating expenses−$21k
NOI · 9.03% cap applied$50k

Realmo valuation models over county records and 3 qualifying comparable sales.

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?
9.03%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
38
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 agency11.6
Parking Facility9.8
HVAC Service9.5

Location

201 Loop 289 NE Lubbock, TX 79403
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

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

Comparables

1 recorded sale · 14 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
420 Broadway, Lubbock, TX 79403-4909 $38,000 Feb 2019 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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