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Property profile & analytics
OFF-MARKET
Strip malls
5407 4th St, Lubbock, TX 79416-4348
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4514630
Property summary
AI-generated overview
This exceptional retail opportunity is located in the thriving Woodhaven Shopping Center in Northwest Lubbock, Lubbock County. The center boasts a total of 9,903 square feet, with a single, immediately available suite of 1,680 square feet. Built in 1984, this locally owned and managed property offers a strong tenant mix, providing excellent synergy and foot traffic. Current co-tenants include established businesses such as George's Restaurant, Allstate Insurance, Sun Belt Finance, Domino's Pizza, Goody's Popcorn, and Edward Jones, among others. The property is a neighborhood center/shopping center with multiple tenants. The asking price is highly competitive at $15.00 per square foot. Utilities are the responsibility of the tenant. This is a rare chance to secure a well-positioned retail space in a stable and successful shopping center. Don't miss this opportunity to establish your business in a prime Northwest Lubbock location. The available space is ready for immediate occupancy.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
9,903 SF
Lot
0.78 ac (33,900 SF)
Zoning code
38
APN
R30537
UPID
US82-4514630
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
-
Don P. Hegi, DVM Veterinary Clinic
-
Blackburn Mary DVM Veterinary Clinic
-
South Plains Physical Therapy Physician
-
Animal Care Clinic Veterinary Clinic
-
Domino's Pizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wood Haven Center LP · 8 yrs held
Wood Haven Center LP
since 2017
2 recorded transactions
Zoning & alternative use
38 · Lubbock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,688
Tax year 2023
Assessed value
$627,154
Assessed 2024
Previous assessed
$575,000
+9.1% YoY
Effective rate
1.70%
On assessed value
Assessed land
$110,175
Assessed improvement
$516,979
Land market value
$110,175
Improvement market value
$516,979
Total market value
$627,154
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Heating
NONE
Total area
9,903 SF
Lot
0.78 ac (33,900 SF)
Zoning code
38
APN
R30537
UPID
US82-4514630
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.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
Wood Haven Center LP
Entity
Free & Clear · 8 yrs held
Mailing address
7720 19TH ST, LUBBOCK, TX 79407-4204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2017
—
Wood Haven Center LP
Sisson,sheri D & Stanley L
Grant Deed
related
—
Apr 28, 2016
—
Sisson,billy L Trust
Sisson Billy L
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.
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