New search
Property profile & analytics
OFF-MARKET
Assisted living facilities
8824 Fm 1585 Wolfforth, TX 79382-7066
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-2726129
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2017
Total area
7,261 SF
Lot
2.52 ac (109,771 SF)
Zoning code
16
APN
R56037
UPID
US82-2726129
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
-
ADAMS ASSISTED LIVING COMMUNITY Nursing Home Retirement Community
-
The Shepherd's House Nursing Home Retirement Community
-
Perfect Peace Retirement Community Nursing Home
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
6jmt LLC · 12 yrs held
6jmt LLC
since 2014
4 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
$11,455
Tax year 2023
Assessed value
$800,181
Assessed 2024
Previous assessed
$709,790
+12.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$32,931
Assessed improvement
$767,250
Land market value
$32,931
Improvement market value
$767,250
Total market value
$800,181
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2017
Heating
NONE
Bathrooms
2
Total area
7,261 SF
Lot
2.52 ac (109,771 SF)
Zoning code
16
APN
R56037
UPID
US82-2726129
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
2017
Heating
NONE
Bathrooms
2
Lot
2.52 ac
Current owner
From public records · entity-resolved
6jmt LLC
Entity
Mailing address
8824 FM 1585, WOLFFORTH, TX 79382-7066
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2014
—
6jmt LLC
Randall Earl Mitchell
Venders Lien
$150,000 · City Bank
Jan 16, 2014
—
Margaret E Mitchell
—
Trustees Deed
related
$126,000 · American Bk/commerce
—
—
Margaret E Mitchell
—
Loan Modification
related
$126,000 · American Bank Of Commerce
—
—
Randall E Mitchell
—
Deed Of Trust
related
$15,344 · Property Tax Fix LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8824 Fm 1585?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
