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Property profile & analytics
OFF-MARKET
Estimated value
$5,265,000
Office buildings
5901 Spur 327 Lubbock, TX 79424-2705
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-4548893
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
172,822 SF
Lot
11.78 ac (512,951 SF)
Zoning code
17
APN
R71074
UPID
US82-4548893
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
Zwaicher Ltd · 6 yrs held
Zwaicher Ltd
since 2019
7 recorded transactions
Zoning & alternative use
17 · 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
$30 / 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
$145,172
Tax year 2023
Assessed value
$7,140,624
Assessed 2024
Previous assessed
$6,932,645
+3.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,025,902
Assessed improvement
$6,114,722
Land market value
$1,025,902
Improvement market value
$6,114,722
Total market value
$7,140,624
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Heating
NONE
Total area
172,822 SF
Lot
11.78 ac (512,951 SF)
Zoning code
17
APN
R71074
UPID
US82-4548893
Jurisdiction
LUBBOCK
Zoning & alternative use
17 · Lubbock, TX
Zoning 17 · permitted uses
17 · 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
2015
Heating
NONE
Lot
11.78 ac
Current owner
From public records · entity-resolved
Zwaicher Ltd
Individual
Mailing address
5901 SPUR 327, LUBBOCK, TX 79424-2705
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
Dec 13, 2019
—
Zwaicher Ltd
—
Deed
related
$2,500,000 · Prosper Bank
May 31, 2019
—
Zwiacher Ltd
—
Trustees Deed
related
$2,000,000 · Prosperity Bk
Sep 18, 2018
—
Zwiacher Ltd
—
Deed
related
$3,500,000 · Prosperity Bk
Oct 18, 2016
—
Zwiacher Ltd
—
Deed
related
$1,662,942 · Plainscapital Bk
—
—
Zwiacher Ltd
—
Deed Of Trust
related
$1,500,000 · Plains Cap Bk
—
—
Zwiacher Ltd
—
Loan Modification
related
$1,662,942 · Plainscapital Bk
—
—
Zwiacher Ltd
—
Deed Of Trust
related
$3,500,000 · Prosperity Bk
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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