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Financial
Distress signals
Property profile

3331 70Th St Lubbock, TX 79413

FOR LEASE
Strip malls
Property ID
US82-3746263
10,800 SF 0.96 ac lot Built 1978
Last sale Jan 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space located in central Lubbock with access to Loop 289, situated behind STAR ER on 70th Street. The interior layout includes a reception/waiting area and seven large private offices. The building provides on-site parking for staff and visitors, and the office interior features remodeling that supports general office uses.

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?
$10k
Tax billed · 2023
Assessed value · 2024$580k
Assessed land$166k
Assessed improvement$414k
Effective rate1.76%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$360k
NOI build-up
Gross scheduled income$227k
Vacancy & credit loss−$39k
Operating expenses−$47k
NOI · 4,474.90% cap applied$141k

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?
4,474.90%
$141k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.3
Parking Facility11.7
Garden Center10.4

Location

3331 70Th St Lubbock, TX 79413
County assessor Recorded deeds · 6 transfers 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4206 50th, Lubbock, TX 79413-3865 $203,000 Dec 2018 5,920 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?”
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