Technical
Financial
Distress signals
Property profile

8724 Fm 1585 Wolfforth, TX 79382

OFF-MARKET
Warehouses
Property ID
US82-4603722
8,400 SF 1 ac lot Built 2013
Individually Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2013
Total area 8,400 SF
Lot 1 ac (43,647 SF)
APN R313136
UPID US82-4603722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

8724 Fm 1585 Wolfforth, TX 79382-7064
Wolfforth metro Census 10420 LUBBOCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$620k
Blend (final) Blend
$505k

Owner & transaction history

since 2012
5 recorded transactions
2017
Price N/A
2013
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $730,000 +64.4%
Office building $725,000 +63.1%
Retail stores $565,000 +27.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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