New search
Property profile & analytics
OFF-MARKET
Distribution centers
2222 Clovis Rd Lubbock, TX 79415
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4650784
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1974
Total area
12,000 SF
Lot
0.34 ac (14,939 SF)
Zoning code
38
APN
R55696
UPID
US82-4650784
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
Dysart Odea Properties LLC · 13 yrs held
Dysart Odea Properties LLC
since 2013
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
$2,873
Tax year 2023
Assessed value
$174,321
Assessed 2024
Previous assessed
$174,321
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$7,470
Assessed improvement
$166,851
Land market value
$7,470
Improvement market value
$166,851
Total market value
$174,321
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1974
Heating
NONE
Total area
12,000 SF
Lot
0.34 ac (14,939 SF)
Zoning code
38
APN
R55696
UPID
US82-4650784
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
1974
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Dysart Odea Properties LLC
Entity
Free & Clear · 13 yrs held
Mailing address
104 6TH ST, WHITHARRAL, TX 79380
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2020
—
Dysart Odea Properties LLC
—
Deed Of Trust
related
$16,000 · Lubbock Nat'l Bk
Aug 14, 2019
—
Dysart Odea Properties LLC
—
Deed Of Trust
related
$25,000 · Lubbock Nat'l Bk
Jun 20, 2019
—
Dysart Odea Properties LLC
—
Deed
related
$85,000 · Lubbock Nat'l Bk
Jun 19, 2018
—
Dysart Odea Properties LLC
—
Deed
related
$85,000 · Lubbock Nat'l Bk
Jun 15, 2017
—
Dysart Odea Properties LLC
—
Deed
related
$85,000 · Lubbock Nat'l Bk
Apr 17, 2013
—
Dysart Odea Properties LLC
Dea,john
Quit Claim Deed
related
—
Jul 31, 2012
—
John Dea
—
Trustees Deed
related
$37,000 · Prosperity Bank
Feb 24, 2012
—
John Dea
—
Trustees Deed
related
$35,000 · American State Bank
Feb 14, 2012
—
Dea Window & Door Co LLC
—
Trustees Deed
related
$17,000 · American State Bank
Apr 22, 2010
—
John Dea
—
Trustees Deed
related
$123,978 · American State Bank
Apr 1, 2005
—
John Dea
Dea Window & Door Co
Quit Claim Deed
related
—
—
—
Dysart Odea Properties LLC
—
Loan Modification
related
$85,000 · Lubbock Nat'l Bk
—
—
Dysart Odea Properties LLC
—
Loan Modification
related
$85,000 · Lubbock Nat'l Bk
—
—
Dysart Odea Properties LLC
—
Deed Of Trust
related
$85,000 · Lubbock Nat'l Bk
—
—
Dysart Odea Properties LLC
—
Deed Of Trust
related
$50,000 · Lubbock National Bank
—
—
John Dea
—
Deed Of Trust
related
$78,115 · American State Bank
—
—
John Dea
—
Deed Of Trust
related
$107,436 · American State Bank
—
—
Dysart Odea Properties LLC
—
Deed Of Trust
related
$56,659 · Lubbock National Bank
—
—
John Dea
—
Deed Of Trust
related
$35,000 · Prosperity Bank
—
—
John Dea
—
Deed Of Trust
related
$100,495 · American State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2222 Clovis Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
