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Property profile & analytics
FOR SALE
Warehouses
4805 N Interstate 27 Lubbock, TX 79403
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-4891276
For Sale
1 / 38
$3,700,000
4805 N Interstate 27, Lubbock, TX 79403
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
15,350 SF
Lot
4.89 ac (213,139 SF)
Zoning code
38
APN
R67706
UPID
US82-4891276
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
Current use
Occupant on record · Public records
-
JH Masonry and Plastering General Contractor Construction Company
-
Superior Materials & Stucco Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.75M
Owner & transaction history
R F Bryer · 7 yrs held
R F Bryer
since 2019
7 recorded transactions
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+116.9%
Restaurant
$1.7M
+93.2%
Auto repair, garage
$1.4M
+58.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,855,000
Change: +117% · Conversion: Difficult
RESTAURANT
$1,650,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,350,000
Change: +58% · Conversion: Easy
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
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
$19,377
Tax year 2023
Assessed value
$1,165,061
Assessed 2024
Previous assessed
$1,165,061
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$21,316
Assessed improvement
$1,143,745
Land market value
$21,316
Improvement market value
$1,143,745
Total market value
$1,165,061
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2021
Heating
NONE
Buildings
2
Bathrooms
1
Total area
15,350 SF
Lot
4.89 ac (213,139 SF)
Zoning code
38
APN
R67706
UPID
US82-4891276
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.9M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Buildings
2
Bathrooms
1
Lot
4.89 ac
Current owner
From public records · entity-resolved
R F Bryer
Individual
Mailing address
4805 N INTERSTATE 27, LUBBOCK, TX 79403-7517
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
Jh Masonry And Plastering LLC
—
Deed
related
$500,000 · Centennial Bank
Jun 13, 2019
—
R F Bryer
Bartlett,henry W JR & Penny D
Warranty Deed
$70,000 · Henry W JR & Penny D Bartlett
Jan 12, 2016
—
Raymond Castillo
—
Trustees Deed
related
$100,000 · City Bk
Sep 11, 2015
—
Raymond Castillo
Cynthia Weimer
Venders Lien
$220,320 · City Bank
Aug 14, 2014
—
Fry,billy W Trust
Weimer,cynthia
Quit Claim Deed
related
—
Oct 24, 2013
—
Bill W Fry
Aycock,dorothy
Warranty Deed
related
—
Mar 4, 2011
—
Dorothy Aycock
Aycock,david
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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