Financial
Distress signals
Property profile

6121 79Th St Lubbock, TX 79424

FOR SALE
Office buildings
Property ID
US82-5273568
12,626 SF 1.1 ac lot Built 2012
Last sale Mar 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class A multi-office office building was constructed in 2012 and is located on a 1.1-acre site zoned OF (Office). The property contains individually designated suites, including Suite B, which provides approximately 4,000 square feet of multi-office space. The building includes ample on-site parking and is positioned near 82nd Street, a major thoroughfare in the city. Utilities for electric, gas, and indoor water services, along with janitorial responsibilities, are assigned to the tenant for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value · 2024$1.88M
Assessed land$336k
Assessed improvement$1.54M
Effective rate1.84%

Value estimate

· Sep 2026
$845k
$761k – $930k
AI approach$520k
Submarket $/SF estimate$1.17M
NOI build-up
Gross scheduled income$265k
Vacancy & credit loss−$45k
Operating expenses−$55k
NOI · 5.50% cap applied$165k

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?
5.50%
$165k 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 Firm34.0
Building Supply19.5
Hair Salon15.4

Location

6121 79Th St 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

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
5621 114th, Lubbock, TX 79424-7029 $656,083 Oct 2020 4,629 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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