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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Gas stations
6508 Fm 835 Lubbock, TX 79403-7600
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1609829
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1982
Total area
9,890 SF
Lot
1 ac (43,473 SF)
Zoning code
27
APN
R100195
UPID
US82-1609829
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
-
Lakeside MiniMart Grocery & Convenience Store Food Market
-
Shazam Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Nat Rodriguez III · 6 yrs held
Nat Rodriguez III
since 2020
Last sale
$25,000
7 recorded transactions
Zoning & alternative use
27 · 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
$53 / 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
$2,711
Tax year 2023
Assessed value
$284,253
Assessed 2024
Previous assessed
$187,997
+51.2% YoY
Effective rate
0.95%
On assessed value
Assessed land
$13,972
Assessed improvement
$270,281
Land market value
$13,972
Improvement market value
$270,281
Total market value
$284,253
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1982
Heating
NONE
Total area
9,890 SF
Lot
1 ac (43,473 SF)
Zoning code
27
APN
R100195
UPID
US82-1609829
Jurisdiction
LUBBOCK
Zoning & alternative use
27 · Lubbock, TX
Zoning 27 · permitted uses
27 · 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
1982
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Nat Rodriguez III
Individual
Free & Clear · 6 yrs held
Mailing address
5801 COLORADO AVE, ODESSA, TX 79762-9411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2020
—
Nat Rodriguez III
Richard J Lujan
Grant Deed
related
—
Jul 8, 2019
—
Lujan Richard JR.
—
Deed
related
—
Mar 29, 2019
—
Lujan Richard JR.
—
Trustees Deed
related
$150,000 · Vista Bk
Mar 5, 2019
$25,000
Richard J Lujan
Segar Andrew R|clabaugh Ents LLC
Trustees Deed
related
—
Aug 3, 2015
—
Clabaugh Enterprises LLC
Richard J Lujan JR
Venders Lien
$300,000 · Richard J Lujan Etal
Feb 5, 2010
—
Richard J Lujan JR.
Texas Dept Of Transportation
Grant Deed
related
—
—
—
Richard Lujan JR.
—
Deed Of Trust
related
$208,000 · Vista Bank
—
—
Lujan Richard JR.
—
Loan Modification
related
—
—
—
Richard Lujan JR.
—
Deed Of Trust
related
$197,000 · Vist Bank
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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