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Financial
Distress signals
Property profile

2607 Clovis Rd Lubbock, TX 79415

FOR SALE
Retail space
Property ID
US82-3845791
3,685 SF 0.67 ac lot Built 1965
Last sale Nov 2014
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive-oriented commercial storefront previously used as a used car lot, with a separate front area suitable for one business and a second side area, enabling multiple business activities on the same site depending on how the frontage and side space are configured. It is positioned along Clovis Road, which was described in the available remarks as a high-traffic business corridor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$171k
Assessed land$17k
Assessed improvement$153k
Effective rate1.75%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$111k
Vacancy & credit loss−$9k
Operating expenses−$31k
NOI · 35.60% cap applied$71k

Realmo valuation models over county records.

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?
35.60%
$71k 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 agency14.0
Law Firm12.5
Hair Salon11.2

Location

2607 Clovis Rd Lubbock, TX 79415
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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More about this property
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