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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Flex space
5929 Woodrow Rd B, Lubbock, TX 79424-6413
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-5433234
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1996
Total area
59,441 SF
Lot
8.82 ac (384,199 SF)
Zoning code
19
APN
R62073
UPID
US82-5433234
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
-
J&J Garden Mart Garden Center
-
B&S Woodworking, Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$845k
Owner & transaction history
Bsw Realty LLC · 4 yrs held
Bsw Realty LLC
since 2022
7 recorded transactions
Zoning & alternative use
19 · 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
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,360,000
Current use
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$14 / 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
$12,719
Tax year 2023
Assessed value
$880,000
Assessed 2024
Previous assessed
$880,000
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$123,480
Assessed improvement
$756,520
Land market value
$123,480
Improvement market value
$756,520
Total market value
$880,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1996
Heating
NONE
Total area
59,441 SF
Lot
8.82 ac (384,199 SF)
Zoning code
19
APN
R62073
UPID
US82-5433234
Jurisdiction
LUBBOCK
Zoning & alternative use
19 · Lubbock, TX
Zoning 19 · permitted uses
19 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
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
1996
Heating
NONE
Lot
8.82 ac
Current owner
From public records · entity-resolved
Bsw Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5929 WOODROW RD, LUBBOCK, TX 79424-6413
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
Bsw Realty LLC
Cody H Barrett
Special Warranty Deed
—
Feb 2, 2015
—
Cody Barrett
—
Trustees Deed
related
$249,000 · Firstcapital Bk/tx NA
Oct 1, 2004
—
Cody H Barrett
Standlee,jarod L
Warranty Deed
related
—
Jun 1, 2004
—
Owner Name Unavailable
Standlee,jarod & Teressa K
Warranty Deed
related
—
—
—
Cody H Barrett
—
Deed Of Trust
related
$395,000 · Firstcapital Bank Of Texas NA
—
—
Cody Barrett
—
Loan Modification
related
$250,000 · Firstcapital Bk/tx NA
—
—
Cody H Barret
—
Deed Of Trust
related
$682,327 · Firstcapital Bk/tx NA
—
—
Cody H Barrett
—
Deed Of Trust
related
$947,820 · City Bk
—
—
Cody H Barrett
—
Deed Of Trust
related
$225,250 · Firstcapital Bank Of Texas NA
—
—
Cody Barrett
—
Deed Of Trust
related
$126,700 · Firstcapital Bk/tx NA
—
—
Cody H Barrett
—
Deed Of Trust
related
$87,600 · City Bank Texas
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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