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Financial
Distress signals
Property profile

7412 University Ave Lubbock, TX 79423

FOR LEASE
Strip malls
Property ID
US82-2593799
28,116 SF 2.09 ac lot Built 1986
Last sale Apr 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 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

This commercial property was originally developed as a large retail center and later renovations were made to support service and office tenants. It is configured as a multi-tenant center with a mix of occupied and vacant spaces, and includes both NNN-style and modified gross lease structures among its tenant mix. The site provides ample on-site parking and maintains the existing center configuration, with portions of the property laid out as leasable retail/service/office spaces.

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?
$43k
Tax billed · 2023
Assessed value · 2024$2.75M
Assessed land$409k
Assessed improvement$2.34M
Effective rate1.55%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
AI approach$705k
Submarket $/SF estimate$1.59M
NOI build-up
Gross scheduled income$147k
Vacancy & credit loss−$25k
Operating expenses−$31k
NOI · 554,593.94% cap applied$92k

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?
554,593.94%
$92k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
38
JurisdictionLUBBOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.9
Dental Office19.9
Building Supply18.8

Location

7412 University Ave Lubbock, TX 79423
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog

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
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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?”
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