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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Warehouses
5912 66th St Lubbock, TX 79424-2941
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2086725
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Total area
41,300 SF
Lot
2.31 ac (100,743 SF)
Zoning code
17
APN
R139732
UPID
US82-2086725
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
-
Affordable Storage 66th and Frankford Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$930k
Owner & transaction history
66th &e Frankford Affordable St · 8 yrs held
66th &e Frankford Affordable St
since 2017
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
Method
Estimation
Statistic approach
by Request
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$23 / 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
$20,417
Tax year 2023
Assessed value
$937,297
Assessed 2024
Previous assessed
$937,297
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$156,152
Assessed improvement
$781,145
Land market value
$156,152
Improvement market value
$781,145
Total market value
$937,297
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Total area
41,300 SF
Lot
2.31 ac (100,743 SF)
Zoning code
17
APN
R139732
UPID
US82-2086725
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
1995
Heating
NONE
Lot
2.31 ac
Current owner
From public records · entity-resolved
66th &e Frankford Affordable St
Individual
Mailing address
3110 FRANKFORD AVE, LUBBOCK, TX 79407-7847
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2020
—
66th & Frankford Of Affordable St
—
Deed
related
$2,200,000 · Lone Star St Bk/w Tx
May 18, 2018
—
4th & Frankford Of Add-a-closet S
—
Deed
related
$472,000 · Aimbank
Dec 20, 2017
—
66th &e Frankford Affordable St
Thomason Drive Of Affordable Stor
Quit Claim Deed
related
—
Apr 13, 2015
—
Thomason Drive Affordable Storage I
B & W Self Storage L L C
Special Warranty Deed
$2,200,000 · Lone Star State Bank
—
—
66th & Frankford Of Affordable St
—
Loan Modification, Consolidation And Extension
related
$2,200,000 · Lone Star St Bk/w Tx
—
—
66th & Frankford Affordable St
—
Loan Modification
related
—
—
—
4th & Frankford Of Add-a-closet S
—
Deed Of Trust
related
$472,000 · Aimbank
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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