Financial
Distress signals
Property profile

4310 Iola Ave Lubbock, TX 79407

FOR LEASE
Commercial real estate
Property ID
US82-4594938
30,000 SF 2.62 ac lot Built 1993
Last sale Jul 2020
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 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

This exceptional 15,000-square-foot industrial warehouse, located in West Lubbock, Texas, presents a fantastic opportunity for a single tenant. Built in 1993, this single-story building sits on a sizable lot in Lubbock County (zip code 79407) and offers a range of desirable features. The property includes multiple offices, a breakroom, an IT room, an electrical room, and a reception area. Ample parking is available both in front and at the rear of the building, along with a shared truck…

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?
$36k
Tax billed · 2023
Assessed value · 2024$1.89M
Assessed land$456k
Assessed improvement$1.44M
Effective rate1.88%

Value estimate

· Sep 2026
$1.23M
$1.11M – $1.35M
NOI build-up
Gross scheduled income$279k
Vacancy & credit loss−$22k
Operating expenses−$90k
NOI · 1,668,420.00% cap applied$167k

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?
1,668,420.00%
$167k 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?
17
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 agency25.5
Dental Office22.2
Law Firm22.2

Location

4310 Iola Ave Lubbock, TX 79407
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
5111 29th, Lubbock, TX 79407-2606 $60,000 Jun 2019 No data
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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