Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Grocery and convenience stores
1005 Riverfront Blvd Dallas, TX 75207-4606
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US83-4222293
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
8,137 SF
Lot
1.12 ac (48,918 SF)
Zoning code
Z239
APN
007339007001A0000
UPID
US83-4222293
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
-
Sonic Drive-In Restaurant Take-out & Catering
-
Exxon Gas Station
-
7-Eleven Grocery & Convenience Store
-
Western Union Bank Credit Union
-
Amazon Hub Locker - Leone Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$967k
Blend (final)
Blend
$760k
Owner & transaction history
Lakeside Grocery Arlington · 14 yrs held
Lakeside Grocery Arlington
since 2011
7 recorded transactions
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+98.9%
Auto repair, garage
$950,000
+65.0%
Retail stores
$850,000
+48.0%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Current use
RESTAURANT
$1,145,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$850,000
Change: +48% · Conversion: Easy
INDUSTRIAL (GENERAL)
$590,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$550,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$540,000
Change: -6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$520,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$760k
Range $684k – $836k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / 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
$52,780
Tax year 2023
Assessed value
$2,300,000
Assessed 2023
Previous assessed
$2,300,000
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$978,540
Assessed improvement
$1,321,460
Land market value
$978,540
Improvement market value
$1,321,460
Total market value
$2,300,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
8,137 SF
Lot
1.12 ac (48,918 SF)
Zoning code
Z239
APN
007339007001A0000
UPID
US83-4222293
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z239 · Dallas, TX
Zoning Z239 · permitted uses
Z239 · Dallas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$575,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$850,000
INDUSTRIAL (GENERAL)
Est. value
$590,000
MEDICAL BUILDING
Est. value
$550,000
OFFICE BUILDING
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Lakeside Grocery Arlington
Individual
Mailing address
1005 S RIVERFRONT BLVD, DALLAS, TX 75207-4606
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2011
—
Lakeside Grocery Arlington
Zirah Properties Ltd
Warranty Deed
$1,680,000 · Southwest Bank
Apr 7, 2011
$769,000
Zirah Properties Ltd
Allen,kevin J
Trustees Deed
related
—
May 9, 2008
—
H Kim Investment INC
—
Trustees Deed
related
$500,000 · United Central Bank
Mar 30, 2005
—
H Kim Investment INC
Cs Chongs Ents INC
Grant Deed
$1,723,400 · United Ctrl Bk/dallas Cnty
—
—
Arlington Lakeside Grocery & G
—
Deed Of Trust
related
$198,500 · Southwest Bk
—
—
Arlington Lakeside Grocery & G
—
Deed Of Trust
related
$300,000 · Southwest Bk
—
—
Arlington Lakeside Grocery & G
—
Loan Modification
related
$1,426,960 · Southwest Bk
—
—
H Kim Investment INC
—
Deed Of Trust
related
$1,065,000 · Houston-galveston Area Local D
—
—
Arlington Lakeside Grocery & G
—
Deed Of Trust
related
$170,434 · Simmons Bk
—
—
H Kim Investment INC
—
Deed Of Trust
related
$450,000 · United Central 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
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 1005 Riverfront Blvd?
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.
