Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5916 Loop 289 W Lubbock, TX 79424

FOR LEASE
Retail space
Property ID
US82-3523348
30,315 SF 3.14 ac lot Built 2003
Last sale Jul 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 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

The property is a retail building with approximately 30,140 square feet of total retail space. It is located at 5916 W. Loop 289 in Lubbock, Texas 79424. The available information does not specify unit configuration, building condition, or particular improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$59k
Tax billed · 2023
Assessed value · 2024$3.20M
Assessed land$822k
Assessed improvement$2.38M
Effective rate1.83%

Value estimate

· Nov 2026
$925k
$833k – $1.02M
AI approach$630k
Submarket $/SF estimate$1.22M
NOI build-up
Gross scheduled income$455k
Vacancy & credit loss−$36k
Operating expenses−$126k
NOI · 2,440,358.33% cap applied$293k

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?
2,440,358.33%
$293k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLUBBOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm31.9
Realty agency28.0
Building Supply20.2

Location

5916 Loop 289 W Lubbock, TX 79424
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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