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Property profile & analytics
OFF-MARKET
Warehouses
7907 Fm 179 Wolfforth, TX 79382
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US82-2818835
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
3,080 SF
Lot
0.48 ac (21,000 SF)
Zoning code
16
APN
R159311
UPID
US82-2818835
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Copano Bay Holdings LLC · 4 yrs held
Copano Bay Holdings LLC
since 2021
6 recorded transactions
Zoning & alternative use
16 · Wolfforth, 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 Wolfforth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wolfforth 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
—
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
$6,000
Tax year 2023
Assessed value
$341,207
Assessed 2024
Previous assessed
$341,207
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$105,000
Assessed improvement
$236,207
Land market value
$105,000
Improvement market value
$236,207
Total market value
$341,207
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
NONE
Total area
3,080 SF
Lot
0.48 ac (21,000 SF)
Zoning code
16
APN
R159311
UPID
US82-2818835
Jurisdiction
LUBBOCK
Zoning & alternative use
16 · Wolfforth, TX
Zoning 16 · permitted uses
16 · Wolfforth, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wolfforth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Lot
0.48 ac
Current owner
From public records · entity-resolved
Copano Bay Holdings LLC
Entity
Mailing address
10709 JUNEAU AVE, LUBBOCK, TX 79424-3969
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
—
Copano Bay Holdings LLC
Dru Vowell
Venders Lien
$321,600 · Amarillo National Bank
Oct 29, 2019
—
Dru Vowell
Transitions Industries LLC
Deed In Lieu Of Foreclosure
related
—
Feb 6, 2014
—
Transition Industries LLC
Delamar David Trust
Warranty Deed
related
—
Sep 7, 2010
—
Delamar David Support Trust
Delamar,david
Quit Claim Deed
related
—
Mar 1, 2004
—
David Delamar
Principled Invest Corp
Warranty Deed
related
—
—
—
Transitions Industries LLC
—
Deed Of Trust
related
$100,000 · Dru Vowell
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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