Technical
Financial
Distress signals
Property profile

4205 98th St Lubbock, TX 79423

OFF-MARKET
Grocery and convenience stores
Property ID
US82-3751477
74,663 SF 7.28 ac lot Built 2006
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2006
Total area 74,663 SF
Lot 7.28 ac (316,942 SF)
APN R310478
UPID US82-3751477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Postal Service Courier Service
  • Grocery & Convenience Store Food Market
  • Cafe & Coffee Shop
  • Bank Credit Union

Location

4205 98th St Lubbock, TX 79423-3971
Lubbock metro Census 10510 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.53M
Blend (final) Blend
$5.82M

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $7.6M +67.4%
Office building $7.5M +65.8%
Commercial (general) $7.0M +52.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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